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With only days left before the U.S. was set to default on its debt on June 5, the U.S. debt ceiling drama feels like it's over, but it may have only just begun. As months of squabbling among lawmakers has undermined people's confidence in the country, there are also much bigger problems that Washington must face, from the political divide and high inflation to financial instability. Join CGTN anchor Guan Xin with Professor Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, and Li Daokui, director of Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, to find out why the U.S. debt issue matters to the world.
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With only days left before the U.S. was set to default on its debt on June 5, the U.S. debt ceiling drama feels like it's over, but it may have only just begun. As months of squabbling among lawmakers has undermined people's confidence in the country, there are also much bigger problems that Washington must face, from the political divide and high inflation to financial instability. Join CGTN anchor Guan Xin with Professor Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, and Li Daokui, director of Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, to find out why the U.S. debt issue matters to the world.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466