Treasury Secretary Janet Yellen recently warned Congress that if the debt limit is not raised by October 18th, the U.S. government will default on its debt. Economists project that a U.S. default could have a catastrophic impact on the fragile U.S. economy. In this Executive Highlight, we explore what “default” really means, what is expected to happen if there is a U.S. default, and how business owners and executives can take action today to prepare their businesses for any scenario.
You can download our full analysis below: