Hassanwazir's List: International issues

According to the Treasury, America reached its borrowing limit of $14.3tr on May 16 but is able to keep servicing its debts until Aug 2.

The US economy “is like Wile E. Coyote who runs off the cliff and it takes him a while to realise it. What has been keeping him up is Chinese blowing air up”, Blyth said.