> 'It's like playing with fire,' explains economist as US debt crisis looms / V000_9NX6L4
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'It's like playing with fire,' explains economist as US debt crisis looms / V000_9NX6L4
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After narrowly avoiding a shutdown of the US government, President Joe Biden's Democratic lawmakers and the Republican opposition face an even more high-stakes task: forging an agreement to raise the country's borrowing limit or risk a catastrophic default, which would send the country into a "self-inflicted" recession, explains economist Gregory Daco. SOUNDBITES