Posted by & filed under Governments & Regulators.

Description: CNN’s Ali Velshi (@alivelshi) explains the how the debt ceiling works, and why we can’t afford another Congressional stand-off.

Source: CNNMoney.com.com – video report

Date: Jan 11, 2013

Link: http://cnn.com/video/?/video/bestoftv/2013/01/11/ym-debt-ceiling-congress-washington.cnn

Questions for Discussions:

  • What is the debt ceiling?
  • What will happen to interest rates if the debt ceiling is not raised?
  • How should investors approach this situation?

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