How Much is Too Much? $31 Trillion Reasons to Understand the Debt Problem
Implications of The Bank Turmoil and The Debt Debate
Past battles over the US debt ceiling have ultimately been settled—sometimes at the eleventh hour. Is the current political climate different?
At the center of the debate two key questions emerge: How much debt is actually too much? And what happens when a country reaches that point?
In the latest installment of the AB Disruptor Series, Unpacking the Debt Problem, Rick Brink, AB’s Chief Market Strategist, and an expert panel dove into the US debt-ceiling and its implications on markets.
How the US debt ceiling came to be and evolved over time, the government’s playbook against default, and what that default could ultimately mean for the US and the rest of the world.
How much debt is too much—and do debt levels really matter?
What are the short- and long-run market implications of the debt debate?
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