The Boehner Shock
Ever since the financial crisis erupted in 2008, media outlets and specialists alike have devoted much attention to anticipating negative shocks to the global economy. The surprise resignation of US House Speaker John Boehner could be particularly disruptive to the extent that it heightens the risk of another US government shutdown.
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WASHINGTON, DC – Ever since the financial crisis erupted in 2008, media outlets and specialists alike have devoted much attention to anticipating negative shocks to the global economy. Today the focus is on the state of the Chinese economy, the timing of the US Federal Reserve’s normalization of interest rates, and the various policies under discussion in the United States’ presidential election campaign.