Treasury Secretary Panics: 'Economic Chaos Will Ensue'

7:54 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/05/08/treasury-secretary-panics-economic-chaos-will-ensue-002736

On Sunday, U.S. Treasury Secretary Janet Yellen warned that "financial and economic chaos will ensue" if the U.S. government's borrowing limit isn't raised. If that wasn't dramatic enough, she also said on ABC's “This Week” that a default would bring about an "economic calamity."

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