economy

What Happens if the U.S. Defaults?

Lloyd Blankfein on the growing U.S. debt, polarization, the state of the economy, and what a United States default would look like. Plus: Trump-branded cellphones and the decline of public confidence in free enterprise.

What Happens if the U.S. Defaults?

TL;DR

  • Lloyd Blankfein addresses the increasing U.S. debt.
  • The article covers political polarization in the United States.
  • Blankfein comments on the current state of the economy.
  • Potential consequences of a U.S. default are discussed.
  • The piece mentions Trump-branded cellphones.
  • There is a noted decline in public confidence in free enterprise.