Could a US debt default unleash global chaos?

2023-05-19 07:24

The BBC examines four ways you could be affected if the US fails to reach a deal on its debt.

The US government is currently engaged in what could be one of the most costly games of chicken in history.

If Democrats and Republicans do not agree to allow the US to borrow more - or, in their language, raise the debt ceiling - the world's biggest economy will default on its $31.4tr (£25tr)...