IMF warns on 'substantially deteriorated' U.S. fiscal deficits

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The International Monetary Fund recently warned that U.S. fiscal deficits have "deteriorated substantially" this year, making the country's fiscal case the most worrying in the world. In this episode of BizBeat, CGTN's Zhu Zhu explains how the rising risk of U.S. debt defaults has the potential to cause harm to the global economy.