S5155 - Congress Failure To Raise Debt Ceiling And Extend Eviction Moratorium May Trigger Economic Meltdown
Manage episode 299016437 series 2285800
Congress Failure To Raise Debt Ceiling And Extend Eviction Moratorium May Trigger Economic Meltdown. Democrats have struggled to deal with the end of the eviction moratorium meaning millions could soon be homeless.
But the US debt ceiling suspension just ended as well ad the US could be facing a default for the first time ever.
Shortages plague industry, from labor to raw materials. This of course caused by lockdowns which may be on the horizon once again.
As the COVID Delta variant spreads talk of another covid lockdown is underway according to reports. This could mean more food shortages more labor shortages and more economic collapse/
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