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The Daily Hodl 2023-05-15 04:08:44

US Debt Default Would Be Catastrophic, Could Cost American Dollar Reserve Currency Status: Congressman Jim Himes

US Debt Default Would Be Catastrophic, Could Cost American Dollar Reserve Currency Status: Congressman Jim Himes

The looming debt ceiling crisis could undermine the status of the US dollar as the world’s reserve currency, according to House Democrat Jim Himes. In a recent CNN interview, Congressman Himes says the US has never been on the verge of defaulting on its debt before. Himes says a failure to resolve the debt ceiling The post US Debt Default Would Be Catastrophic, Could Cost American Dollar Reserve Currency Status: Congressman Jim Himes appeared first on The Daily Hodl .

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