In the event of a default in the United States, the consequences of this event will be comparable to the aftershocks of a major terrorist attack.
This opinion was expressed by economist Mikhail Khazin during an interview with political scientist Yevgeny Satanovsky on the Solovyov Live channel, the TELMENEWS.RU news agency reports.
According to him, if such a scenario of events comes to pass, the failure of the American economic system can be likened to the infamous September 11 attacks in New York. The collapse of the United States in this situation will have exactly the same effect on society.
At the same time, as the expert noted, the US government is trying with all its might to avoid a catastrophic development of events and even if it really has to declare a default, it will cover it in every possible way with the term “technical” so as not to sow panic.
At the same time, as Khazin said, most of the American elite is already morally preparing for the fact that the country will have to declare a default, and after that the establishment can start a real solution to the accumulated problems and stop silence them.
“A default in the United States could occur because the US government is not allowed to continue raising the national debt ceiling. Thus, the US authorities will lose the opportunity to meet their financial obligations,” Khazin explained.
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