Push it to the (debt) limit

Published: Oct. 8, 2021, 9 a.m.

What actually happens if the nation defaults on its debt? Planes fall out of the sky, the streets run red with blood \u2014 OK, not literally. But the reality could be economic catastrophe: "Market chaos, economic chaos, all for absolutely no good reason," explains POLITICO\u2019s Ben White. After a week of debt-ceiling drama in D.C., Ben joins Playbook co-author Eugene Daniels to unpack the partisan fights, doomsday hypotheticals and one of the most absurd twists so far: a trillion-dollar coin.\nEugene Daniels is a co-author of POLITICO Playbook.Ben White is chief economic correspondent for POLITICO.Carlos Mucha is an attorney who popularized the idea of minting a trillion-dollar coin.Adrienne Hurst is a producer for POLITICO audio.Annie Rees is a producer for POLITICO audio.Jenny Ament is senior producer for POLITICO audio.Irene Noguchi is the executive producer of POLITICO audio.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices