Debt ceiling must be raised to avoid ‘economic calamity’: Janet Yellen



ABC News’ George Stephanopoulos interviews Treasury Secretary Janet Yellen on “This Week.” SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP SEE MORE at http://abcnews.go.com/ THIS WEEK: https://abcnews.go.com/ThisWeek LIKE ABC News on FACEBOOK: https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNews #ThisWeek #JanetYellen #debtceiling #TreasurySecretary

Original source (ABC/Youtube)

30 comments

  1. We know the global agenda, by now, and therefor we know exactly what will happen this summer.
    Those who still haven't got a clue really should take a couple of days off and do the research in order to figure out.

  2. Funny seeing Leftists complaining about their own failed ideologies they told everyone "It would work".

  3. Y on earth question her, she's useless, talking in circles .

  4. Janet Yellen has proved that in the government the more incompetent & corrupt you are the more you get promoted to a higher office.

  5. i am ready for a colapse and it's banks and the goverment hedge funds falt but they will blame melnials and gen Z 🖕🖕🖕🖕

  6. going to bitcoin the us dollar will be gone

  7. I don't know about you guys but she seems dishonest😢 Shut it down if need be.🇺🇲

  8. Their responsibility is to…
    QUIT SPENDING SO DAMN MUCH…!!!
    This president is trying to bring this country to its knees.
    And bankrupt it.
    Oh, no, let's just print more.
    FJB

  9. All a bunch of hogwash!!!! Governments way of getting more vacation days!!! We were all lockdown for 2 years!!!!!!!

  10. Mam Ang hirap Ng ginawa nila sa Buhay ko UN aNg totoo

  11. NO THE CURRENCY NEEDS TO BE RESTORED
    REMINT COINAGE IN PURE METAL

  12. what if this is the actual russian super weapon- She is not a good source never worked outside of an ivory tower. The level of bs she is speaking…. The president cant do anything…. we dont think about the worst case…. how do such mumb nuts get jobs like this? bla bla bla… I am falling asleep while thinking… bla bla bla -Insane and unbelievable…. freakin amateurs.

  13. I'm confused I have seen that the Fed has 351 billion in cash but 88 billion to work on debt ceiling…. could this be clarified please

  14. This sickness is the result of Jewish usury

  15. The American people are tired of paying debts for the government! Our government puts its people in harms way by putting this country in debt jeopardizing the well-being of our military veterans are retirees jeopardizing their healthcare and or Social Security the only means that some have in order to live. But our government don’t give a rats ass about it’s own citizens Barbora are unprotected are citizens are being raped murdered and addicted to drugs pouring over the borders from illegal aliens while the Biden ministration has done nothing and now the Biden administration wants money wants to put The American people in more debt for what. Hell I’ve been talking to a quite a few people and we’re tired of paying the debt of our government that does nothing for its people there is no American dream our government has destroyed it. We don’t have lawmakers in America we have a bunch of corrupt crooked politicians that line each other’s pockets with inside trading receiving money from foreign entities but yet come after the hard-working tax paying man! The hell with this government and its rhetoric the people can clearly see that the United States government is not in our best interest. Someday the American people will be known as the American slaves to its government and they made it look like it was a dream nothing but a lie!

  16. Do not give them a dime! Let them default! The hell with this administration!

  17. DON'T WORRY THEY WILL PRINTED MORE MONEY
    NO BIG DEAL 😂😂😂😂
    IT'S THE GOVERNMENT

  18. 🤦‍♂️ she is old loonatic

  19. Yyyyyy soooh distressed Madame Janet Yellen? 

    A calamitous catastrophe Russelli, even Hercules'd've felt daunted for once, Russ!

    Calamitous catastrophe for whom Madame Y Y?

    For us the Americans, who else Russ,, besides the entire globe off course, tht goes without saying…

    Who's an American Madame Y Y?

    Why needle the sore spot Russ?

    This debt ceiling mess, gathering storms, already looming large over our head and…

    OMG, what'll happen to the greatest film industry on earth if the debt ceiling's not tackled appropriately amicably with alacrity, Mdm Y Y?

    Why not takeover the Hollywood film industry instead Mdm Y Y?

    Public pvt partnership! Fifty : Fifty!!!

    Besides thats one business no one in Amerika or even in the entire globe ever questions : " wheres the money going to come from"?

    The most innovative anytime machine money tap overflows profusely, always to date, M Y Y?

    They cant do this to us Russ? Negotiating at a guns point, Russ?

    Isn't tht the most celebrated, cheered, aped famous Amerikan culture, Mdm Y Y? Gun culture!

    " Amerikan dollar is the greatest financial terrorist on earth"!

    Who said tht, Russ?

    Asia's richest pvt sector banker!

    Nxt day he " clarified" on his supposedly outrageous comment, yet its not clear if he further rubbed it in, by " clarifying" it more! 

    Brazilian Lula comrade? Believe he got a thunderous applause for questiining USD supremacy, in, where else, China… Who's this Asian? Yet another blnnr from China, Singapore or UAE? 

    Hon'ble Mr U K – Uday Kotak!!! 

    If only LG had taken his advice he'd be floating on cloud nine instead of…

    LG,?

    Lex Greensill ! Life's good – Aussie hustler!!!

    Mr U K back in eighties began with  financing supply chain business – small time cash strapped traders, dealing with Big companies besides off course speculative trades!!! Bill discounting! 

    Morphing into flourishing NBFC exiting  just in the nick of time as the entire NBFC industry crashed le pack of cards, barring the southern NBFCs off course!!! – – – n later into a pvt sector bank !!! 

    Ur predicament looks straight out of the movie – The Piano teacher! 

    Yeaah n the Congress seem hell bent on emulating her climax scene of plunging the dagger / knife into her left side, just above her heart n walking out of the concert hall !!! 

    Mitataa kamala dal, kamala dal, parii soodii naaa dhyaas gunjanaachaaa, gheeii chanda makaranda, gheeii chandaa.. 

    What language was tht Russ? 

    Classical regional language musical play / drama – Indian – Katyaar/dagger plunged into the heart!!! 

    Pt Vasantrao Deshpande – classical music / singer doyyenn!!! 

    Competitive pressures n conflicts in musical theatre world / industry!!! 

    Hold onn a call from Bernie… 

    Am afraid Russ, need to rush… for the committe meeting… 

    The angry old man… Committee culture rules in Amerikaz too, Mdm YY!!!

  20. That’s the same argument I gave my bank when I lost my job and couldn’t pay my bills.
    Just give me more money because if I don’t pay my bills it will cause calamity.

  21. Let's raise the debt ceiling without any compromises. That is how the USA has functioned since it's founding. If China doesn't like it nuke em for God's sake. Those f n rice eaters should have been left to the God damn Japanese to rape em at their fun, will and pleasure in 1937! The rape of Nanking nothing but fake propaganda and even if true they sure deserved it. Who the hell do they think they are? The world's doormat people that the proper world wipes their feet on standing up for themselves the pee ons!

  22. The only thing Janet Yellen should be doing is deciding what flavor Jello she want for desert imagine becoming president and saying get me Janet Yellen she's the gal to help take down and destroy this once great country

  23. Janet your not fit for the job .

  24. I feel sorry for Yellen. when did it become the case where JPM a private bank has the authority to come out and dictate how the US govt and the FED should behave with managing their money?

    Does Yellen understand what true economic calamity is? It’s not the stock market crash but the actual production capacity of American nation as a whole regardless of stock market performance !

  25. Every year is the same thing raise the debt ceiling or face economic calamity😒