Catastrophic Recession': Biden Govt panics | What next if U.S. defaults on $31.4 Trillion debt?

The Joe Biden administration has warned of catastrophic consequences and recession if the U.S. defaults on its $31.4 trillion debt next month. But the U.S. president however, expressed optimism about the situation with negotiations with republicans on debt ceiling set to resume tomorrow. Watch this video to find out what happens if U.S. defaults on its debt for the first time ever.

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