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How to prepare for next unplanned financial crisis - HeraldNet

How to prepare for next unplanned financial crisis - HeraldNet | money money money | Scoop.it


The shutdown of the federal government affected many people's lives.

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World Leaders Press the US on Fiscal Crisis - New York Times

World Leaders Press the US on Fiscal Crisis - New York Times | money money money | Scoop.it

WASHINGTON — Leaders at World Bank and International Monetary Fund meetings on Sunday pleaded, warned and cajoled: the United States must raise its debt ceiling and reopen its government or risk “massive disruption the world over,” as Christine Lagarde, the fund’s managing director, put it.

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US debt ceiling divisions may be an omen of greater crises to come - CITY A.M.

US debt ceiling divisions may be an omen of greater crises to come - CITY A.M. | money money money | Scoop.it

AS THE government shutdown has metastasised into a crisis about the US debt ceiling, a dark narrative has been playing endlessly inside my head. For the social and political divisions that have been revealed over these past few weeks may well be harbingers of greater crises ahead.

 

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How a Debt-Ceiling Crisis Could Become a Financial Crisis

How a Debt-Ceiling Crisis Could Become a Financial Crisis | money money money | Scoop.it
A play-by-play by The Financial Times tells how a default by the Treasury could unfold.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation