Financial and Monetary Systems

4 ways a US debt default could affect you — and your money

A US debt default could be catastrophic for the global economy, experts warn.

A US debt default could be catastrophic for the global economy, experts warn. Image: REUTERS/Andrew Kelly

Spencer Feingold
Digital Editor, World Economic Forum
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The cost of borrowing US dollars could rise as a result of a debt default.
The cost of borrowing US dollars could rise as a result of a debt default. Image: REUTERS/Gary Cameron

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