Debt Ceiling? Government Shutdown? What's Going On?

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 13 October 2021

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

You’ve probably seen headlines on the debt ceiling and a possible government shutdown. Let’s be real: both of those things sound scary. Nicole unpacks the news cycle for all of us who are wondering what the heck is going on. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.7	That's a good one.
0:09.7	Ian and should I have a 401k cuz you don't do it?
0:12.7	No, I know.
0:14.2	What's that?
0:15.2	I don't think the whole wall is revolved around you on your money.
0:17.7	What the fuck?
0:18.7	What the fuck?
0:19.7	Charge for wasting our time.
0:22.7	I'm gonna be free.
0:23.8	I will take a check.
0:25.0	I'm gonna pull you back.
0:27.0	You recognize her from Anchoring on CNN, CNBC, and Bloomberg.
0:31.7	The only financial expert you don't need a dictionary to understand.
0:36.0	The cold lap in.
0:37.5	Lately, you've probably seen headlines on the Dead ceiling and a possible government shutdown.
0:42.5	Let's be real.
0:43.5	Both of those things sound very, very spooky.
0:47.5	So let's follow our elementary teacher's advice and actually face our fears head on.
0:52.3	So I'll unpack the news cycle for all of us who are wondering what the heck is going on.
0:57.3	Most of these headlines are stemming from the fact that the US government needs to make a decision on raising the Dead ceiling.
	...

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