Political Quotes

Maxine Waters: “Can you explain how allowing the U.S. to default on its debt would benefit the Chinese government by causing…”

On the recordFebruary 6, 2023
Can you explain how allowing the U.S. to default on its debt would benefit the Chinese government by causing irreversible damage to the U.S. dollar status as a global reserve currency?
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Waters questions the implications of a U.S. debt default on global economics.

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