Presenting Hop On Board, a podcast series by Southeastern, six podcasts, six celebrity

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This is CBS, I'm the World, I'm John Bashford, the headline from CNN.

Janet Yellen, Secretary of the Treasury, former chairman of the Federal Reserve, says US

default would trigger a global economic downturn.

Certainly, a stark warning, so I welcome Verenick to Rijie of the Mercatus Center, writing

most recently a creator's syndicate about the debt ceiling debate, which is how it's

presented itself these last days, philosophies matching each other at a recent meeting at

the White House.

Verenick, a very good evening to you, catastrophe, I see that word all the time, economic and

financial catastrophe.

I don't want to entertain what happens, I want to understand what the debt represents,

I think it's over $31 trillion.

That debt, who pays for that debt?

How do we go from year to year, owing that much money?

Good evening to you.

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