Debt default

[Manishican]

May be debt default this summerwill control the inflation 

[pakeer_saab]

Just now, Manishican said:

May be debt default will control the inflation 

telugu lo cheppu anniya

[Manishican]

1 minute ago, pakeer_saab said:

telugu lo cheppu anniya

https://www.cnbc.com/amp/2023/02/15/debt-ceiling-us-is-projected-to-default-between-july-and-september-if-congress-doesnt-raise-limits-cbo-says.html

[*Prince Charming]

12 minutes ago, Manishican said:

May be debt default this summerwill control the inflation 

Bhayya, naaku debt default concept idea ledu. Oka 3-4 lines lo cheppu. Will try to understand 

[*Prince Charming]

4 minutes ago, *Prince Charming said:

Bhayya, naaku debt default concept idea ledu. Oka 3-4 lines lo cheppu. Will try to understand 

Debt default valla inflation ela contain avtundi ?

[Manishican]

Usa has a debt limit set by the government. It will reach sometime in Summer. If it is not increased by them, government cannot spend above the limits. Government will cut some benefits. We will get a recession. Inflation will come down but there is lot to this story