Tune in at 16:00 London, 19:00 UAE

Live from Abu Dhabi Connect the World takes you on a journey across continents, investigating the stories that are changing our world.

Live from Abu Dhabi Connect the World takes you on a journey across continents, investigating the stories that are changing our world.

Reich: U.S. default could have big impact

October 2nd, 2013
02:45 PM ET

The U.S. Government shutdown is in full effect and has left 800,000 federal workers on unpaid leave, but hitting the debt ceiling and defaulting has become the main worry for economists and politicians in the U.S. and across the world.

Read: Government shutdown: Get up to speed in 20 questions

CNN's Max Foster speaks with former Labor Secretary Robert Reich about the impact of the U.S. defaulting on its debts and what the worst case scenario could be for Barack Obama.


Filed under:  American politics • Video
soundoff (No Responses)

Post a comment


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.