Political Quotes

Lloyd Smucker: “A sovereign debt crisis will occur when the capital markets--when investors no longer are willing to hold the U.S.…”

On the recordDecember 5, 2023
A sovereign debt crisis will occur when the capital markets--when investors no longer are willing to hold the U.S. dollar because they believe the government has the inability to pay or doesn't have the will to put ourselves on the right path to be able to pay.
Said by
Lloyd Smucker
Republican · Pennsylvania

Editor's note · Context

Smucker discusses the risks of a sovereign debt crisis affecting the U.S. economy.

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