Bounce day (again) as the global financial crisis billows

This PBS feature includes good discussion on some of the key dynamics prompting the global cyclical bear market in risk assets today. There is also a growing realization that the US debt ceiling is approaching the limit again in early September due to lower than expected tax revenues. The hard-won extension in July was supposed to get the US government through to Thanksgiving…

Watch the full episode. See more PBS NewsHour.

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