Defaulty Towers: How dangerous is the US Debt Ceiling?

The United States is again toying with defaulting on its national debt. If the $31 trillion debt ceiling were breached without the limit being raised, it’s fair to say all hell would break loose. But how likely is a default? And what would happen to markets if the US really jumped off the cliff? And in today’s Dumb Question of the Week: Who is the national debt owed to anyway? Get in touch 📧 mhr@pensioncraft.com 🎧 many-happy-returns.captivate.fm Join PensionCraft 🌐 Go to pensioncraft.com for all Ramin’s work 💡 Join PensionCraft's membership here pensioncraft.com/membership ▶️ Subscribe on YouTube Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2022 Many Happy Returns

Om Podcasten

Investing is the best way to build wealth, but it comes with risk and uncertainty. Join Ramin Nakisa (a professional investment coach with a dedicated YouTube following) and Michael Pugh (a not-so-professional investor) as they untangle the ups and downs of financial markets and debate how to design and grow a portfolio. If you want the knowledge and confidence to invest in stocks, bonds, and ETFs, join us every Wednesday as we journey through the world of bull markets, bubbles and crashes. Bring snacks and a steady hand, we're in it for the long haul... Ramin Nakisa is co-founder of PensionCraft and a former investment banking strategist, with two published books on investing. He has a PhD in Physics and a dog called Teddy. Michael Pugh is a media executive in London, working in news, television and music. He is an amateur investor and a new dad.