Debt Ceiling Showdown: Impact on Economy, Jobs, Stocks | EXPLAINED

Ever wondered about the U.S. debt ceiling and its impact on the economy? Dive into our deep-dive history of the most critical debt ceiling crises and their far-reaching consequences on jobs, stock markets, and more.

From Gingrich-Clinton's standoff in 1995 to the looming crisis today, we unpack the political maneuvers and show you the real-world fallout. Learn about the Budget Control Act of 2011, the showdown over Obamacare in 2013, and Trump's debt ceiling suspension in 2017.

In this video, we're breaking down the complexities and helping you understand the long-lasting impacts these crises can have on our economy and everyday life.

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TOPICS AND TIMESTAMPS:
0:46 - Debt Ceiling
1:00 - The Gingrich-Clinton Standoff (1995-96)
1:41 - The Obama Era Debt Crisis (2011)
2:44 - The Obamacare Standoff (2013)
3:26 - Trump's Suspension (2017)
4:21 - Pandemic-Era Debt Ceiling Crisis (2021)

#DebtCeiling #USEconomy #debtcrisis

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Sources Used in This Video:
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#money #inflation #investing #economy #business