War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow
May 16, 2023 at 14:19 PM EDT
War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow ‘Default doomscrolling’ again, Mr. Powell? Kimimasa Mayama/Pool Photo via AP By John W. Diamond, Rice University Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the […] Source