It is difficult to predict when a financial crisis will occur because it can be triggered from either direction: a weak economy affecting the financial sector, or problems in the financial sector affecting the overall economy.

factualpending

Speaker

Philip Swagel

Evidence Quote

it's really hard to know um when a financial crisis will happen and in part because it can happen both in inst in both directions

Source

CBO Director: What Happens When Debt Hits 122% Of GDP | Phillip SwagelDavid Lin
Created: 8/12/2026, 6:26:40 PM

My Notes

Loading notes...