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| Name | US Debt Default Explained | What Are The Implications Of Debt Default By The US Govt? | UPSC 2024 |
| Video Uploader | Video From BYJU'S IAS |
| Upload Date | This Video Uploaded At 16-05-2023 13:30:00 |
| Video Discription | The US Treasury Secretary Janet Yellen has warned of the US defaulting on debt by June 1, 2023 if the House of Representatives and President Joe Biden’s White House fail to reach an agreement to raise or suspend the debt ceiling. The US government has faced the threat of breaching the debt limit multiple times. The US hit the present debt ceiling limit of $31.4 trillion in January 2023 and the treasury initiated the extraordinary measures mechanism to allow the government to meet expenditures. The US government will default on debt if it runs out of cash, extraordinary measures are exhausted and the debt ceiling is not raised. In this context, it is important to understand What is the US Debt Default? What is the debt ceiling limit? What are the causes of Debt Ceiling Standoff? What are the potential impacts of US Debt Default? For answers to these questions and much more details watch the full video. Understand various current affairs topics, strictly from the perspective of the UPSC Civil Services Examination, subscribe to our YouTube Channel Now!!! So, if you are preparing for UPSC exams or want to improve your knowledge of the Indian economy, make sure to watch this video till the end. Don't forget to like, comment, and subscribe to our channel for more informative videos on UPSC exam topics. For Complete Revision of Important Current Affairs for Prelims 2023, Watch Target Prelims 2023. Download the BYJU'S Exam Prep App Now! 👉 https://click.gradeup.co/Fqr0/ytIASEng Join us on Telegram for all the latest updates: 👉 https://t.me/BYJUSEXAMPREPIAS Subscribe to "BYJU’S IAS" Channel: 👉 https://www.youtube.com/c/BYJUSIAS?sub_confirmation=1 Subscribe to our “BYJU’S IAS Hindi” Channel: 👉 https://www.youtube.com/c/BYJUSIASHindi?sub_confirmation=1 Register FREE - BYJU’S National Scholarship Test (BNST) for IAS 👉 https://byjus.com/bnst-ias/?utm_source=youtube-organic-byjus-ias-english&utm_medium=axIq4q0jRYw&utm_campaign=yt-o-ias-english-bnst-ias Top Playlists for UPSC Civil Services Exam (CSE): Target Prelims 2023 Free Crash Course Full Playlist: 👉 https://youtube.com/playlist?list=PLkJ-kjtioPGrIaGesdn34xtMoeB-iepqu Economy Essentials Playlist: 👉 https://www.youtube.com/watch?v=XYUz8qj5VpQ&list=PLkJ-kjtioPGpzTqU1bZMWrNc762Svl5Iz Polity Essentials Playlist: 👉 https://www.youtube.com/watch?v=8ePMJe_4XFg&list=PLkJ-kjtioPGpeXzbSbywGsh45vfXhAX2f The Hindu News Analysis 2023 Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGq0irmVZqQ8bQFu5ki1wPtz Strategy Series Playlist: How To Prepare for UPSC Prelims & Mains? 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGpBrUTnM9OMjnbduyHSFpQL Target Prelims 2023 Daily Quiz Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrLDbvn9mM8QexvnOaSynfO Knowledge Series Playlist | Cover 100+ Key Static Topics: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrQ_jYd2rnFyvc4BUSEA8vL The Big News Playlist | Watch & Understand Big Breaking News: 👉 https://youtube.com/playlist?list=PLkJ-kjtioPGogCeqQdQMGkIKtFzIlx-eN Explained Playlist | In-depth Analysis of Weekly Current Affairs: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGqlUxUXouzs6wKfjXvkg2xA For Current Affairs videos in Hindi visit: @BYJUSIASHindi For more information on BYJU'S IAS courses, call us on: +91-9538419666 Happy Learning! @BYJUSIAS #usdebt #debtceiling #economy #debtdefault #usdebtdefault #useconomy #globaleconomy #unitedstates #usa #usnews #usnewslive #usnewsupdates #joebiden #byjusias #currentaffairstoday #currentaffairs2022 #upsceconomics #economyupsc #economy #economybasics #economyconcepts #breakingnews #currentaffairsbooster #currentevents #latestnews #currentaffairsfortoday #upsccseprelims2023 #upscpre2023 #upscpreparation #iasprelims #iasprep #iascurrentaffairs #currentaffairs #currentaffairstoday #upsccurrentaffairs #dailycurrentaffairs #todaycurrentaffairs #upsc2023 #iascurrentaffairs #dailycurrentaffairs #newsanalysis #currentaffairs2023 #byjuseconomyessentials #byjusias #byjusexamprepias |
| Category | Education |
| Tags | us debt | us news live | us news today | us debt ceiling | us debt default | us debt ceiling 2023 | us debt ceiling explained | united states debt explained | Indian Economy | Economy | Economics | Joe Biden | International News | debt ceiling | default | american debt | debt ceiling crisis | united states debt ceiling | debt ceiling 2023 | debt ceiling deadline | social security | medicare | tax revenue | u.s. treasury bonds | default on debt | default on debt ceiling | upsc | byju's ias | IAS Exam |
