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Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.

October 7th, 2013
07:24 PM ET

Debt ceiling domino effect

Economists are waving red flags about the upcoming debt limit, saying if the U.S. government doesn't raise its debt ceiling before October 17, the world could fall into another recession. CNN's Tom Foreman takes a look at how the dominoes would fall.


Filed under: Debt ceiling • Economy • Tom Foreman
soundoff (2 Responses)
  1. Mike- TX

    I know this will sound stupid to most... but...

    To temporarily avoid this economic doosmday... Why in can't we just print more money in the short term... It's not even like we need to actually print it...

    I understand inflation and other concerns... but as the world's reserve currency isn't it a better option than not paying bills?

    October 8, 2013 at 12:15 pm |
  2. Jim Thomas

    Why should our crummy government care,they are getting big pay for doing nothing for almost 6 yrs with great benefits.They are all traitors to the people of the USA.Jim Thomas Phx.Az.

    October 7, 2013 at 8:11 pm |

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