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Economic Consequences of the Government Shutdown | Interview with Chloe Cho
CNBC — Sam Chandan appeared on the CNBC World / CNBC Asia's The Call where he discussed the economic implications of a US government shutdown. A greater threat to global stability, he suggested, is the mid-October deadline for an increase in the US debt ceiling. Failing an adjustment, the Treasury risks defaulting on its debt obligations, which could throw world financial markets into a state of chaos.
A replay is not currently available.