Unthinkable to Default on the U.S. Debt

January 22nd, 2013

CNBC.1.15.2013 In a conversation with CNBC’s Bernie Lo in Hong Kong on January 15, 2013, Larry Summers said, “It should be unthinkable to default on debt in the United States… after 200 years the thought that the full faith in credit of the U.S could be called into question is unthinkable.” Watch the video here.