Curt Grimm, professor and Charles E. Taff Chair of Economics and Strategy for the University of Maryland's Robert H. Smith School of Business, warns of potential court system chaos among other implications from Congress failing to raise the U.S. debt ceiling. He further explains how the 2008 subprime financial meltdown has set the stage for the current political standoff in Washington, and he suggests how policy leaders can steer the U.S. economy to long-term stability.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.