Newswise — As the nation watches and waits to see if Congress can come to an agreement on whether to raise the debt ceiling, millions are asking what will happen if the borrowing limit is reached. Will the government shut down? How will it impact financial markets? What about bank loans?
Dr. Memo Diriker of Salisbury University’s Franklin P. Perdue School of Business is available to speak with reporters on the debt crisis and what may—or may not—happen if Congress does not reach an agreement. Diriker is the founding director of the Business, Economic and Community Outreach Network (BEACON) and co-author of the book Europe Inc.: Wake Up America … Move Over Japan … the Europeans are Coming!
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