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BOJ Gov Ueda says a US debt default would have a huge impact on global economies

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Bank of Japan Governor Ueda

  • If US Defaults on its debt, that will undoubtedly have a huge impact
    on US, Global economies
  • A US Debt default
    could cause market turmoil, will likely affect wide array of
    financial transactions
  • BOJ will strive to
    maintain market stability, based on pledge it will respond flexibly
    with an eye on economy, prices, financial developments
  • Financial
    institutions have sufficient collateral, see no problem for in case
    there is need for emergency fund supply

This dude should focus his thoughts on soaring inflation perhaps:

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