US Minister/Keywords/Ye-LUN "> Yellen This year, it has continued to call the U.S. House of Representatives to increase US government debt limit.Yellen severely warned that if the House of Representatives did not raise the upper limit of debt, the United States might have exhausted funds on June 1st.In addition, if the United States cannot repay debts on time, it will lead to Debt default , and triggers economic and financedisaster.

What is the US debt crisis?What impact will the US debt crisis affect the global economy, financial and monetary system?Will the United States pass the crisis as thrilling as before? Han Yonghong and the associate professor of Li Guangqian Business School of Singapore Management University, Fu Fangjian, to analyze the risk of US debt defaults.

Wonderful fragment

Host: What would happen if the US government did not give money?U.S. Treasury Secretary Yellen said that it would cause disasters to economy and finance and increase the cost of borrowing the US government in the future.

Fu Fangjian, associate professor of Li Guangqian Business School of Singaporean Management University: Yellen's words, I think she is true and fake.She said the most serious results, that is, if the Republican Party you don't want to improve me, my government will not be able to operate.Big blows, but this situation I personally think it will not happen.

In this issue (click the bookmark in the player, you can jump to the corresponding chapter):

  • 1:45 US debt crisis 101
  • 6:00 Yellen's words are really false?
  • 12:06 The US debt crisis is more serious than before?
  • 17:14 What should investors pay attention to?

Extended reading:

Looking at the world and monitoring China's heartbeat, East talks , discuss international hot topics every week, and analyze international current political dynamics.At 7 pm Singapore time on Tuesday.