Too big to fail? The US debt crisis & its implications

• Main Author: Ng, Sophie.
• Other Authors: S. Rajaratnam School of International Studies
• Format: Commentary
• Language: English
• Published: 2012
• Subjects: DRNTU::Social sciences::Political science
• Online Access: https://hdl.handle.net/10356/94198; http://hdl.handle.net/10220/7912
• Institution: Nanyang Technological University

The US has managed to pull back from the brink of bankruptcy, saved by a last-ditch effort to raise the debt ceiling. The danger is not over as the shadow of a possible downgraded credit rating, and further indebtedness, threaten to affect global stability.