Asian Spectator


The Times

.

War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow

  • Written by John W. Diamond, Director of the Center for Public Finance at the Baker Institute, Rice University
War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow'Default doomscrolling' again, Mr. Powell? Kimimasa Mayama/Pool Photo via AP

Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.

“You hope it doesn’t happen, but hope is not a...

More Articles ...

  1. Sunzi, 'shì' and strategy: How to read 'Art of War' the way its author intended
  2. Gay men can now donate blood after FDA changes decades-old rule – a health policy researcher explains the benefits
  3. EPA’s crackdown on power plant emissions is a big first step – but without strong certification, it will be hard to ensure captured carbon stays put
  4. International Criminal Court is using digital evidence to investigate Putin – but how can it tell if a video or photo is real or fake?
  5. The Nation of Islam: A brief history
  6. COVID-19's total cost to the economy in US will reach $14 trillion by end of 2023 – new research
  7. Want more good ideas from your workers? Try giving them a reward – and a choice
  8. US has a long history of state lawmakers silencing elected Black officials and taking power from their constituents
  9. Turkey's presidential election – how Erdoğan defied the polls to head into runoff as favorite
  10. Thriving in the face of adversity: Resilient gorillas reveal clues about overcoming childhood misfortune

Magazine

What to Consider Before Choosing a Cardboard Box Manufacturer

Start With the Packaging Purpose The right packaging begins with a clear understanding of what the box needs to do. A cardboard box manufacturer can help translate requirements such as product prot...

Why Emotional Battles Drain Your Wealth During Separation

Navigating a marriage ending is fundamentally a structural transition, not just an emotional event. When you approach separation with a clear roadmap, you protect your long term financial stability ...

How Long Does Botox Really Last? A Realistic Timeline

Someone might notice a line between their eyebrows getting deeper after a stressful week, or catch their forehead creasing in a video call in a way it did not before. It is a small observation, easy...

hacklink hack forum hacklink film izle hacklink StreamEastholiganbetholiganbetholiganbetcasinos not on gamstopcasino sites not on gamstopnon gamstop sitescasinos not on gamstopnon gamstop casinoszlibraryzlibraryzlibrarycasinomilyoncasibom günceldeneme bonusujojobetjojobetjojobetPorno siteleriPadişahbetGalabetStreamEast1xbetzbahisjojobetmatbetmatbetmatbet girişmatbet girişholiganbetholiganbet