What is the main reason for acting before the last minute regarding the financial deadline?
We Believe Real X-Date is June 8 or 9: Goldman's Phillips

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To align with international financial standards
To prevent a potential downgrade
To ensure Congress has enough time to deliberate
To avoid unnecessary stress
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the current situation differ from 2011 in terms of downgrade risk?
The downgrade risk is irrelevant this time
The risk is the same as in 2011
There is more perceived risk of missing payments
There is less perceived risk now
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might rating agencies do ahead of the X date?
Issue a positive outlook
Increase the credit rating
Ignore the situation
Place the US on negative watch
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to happen after the debt ceiling is raised?
A reduction in liquidity issues
A decrease in T-bill sales
An increase in T-bill sales
No change in financial activities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential concern related to bank stress mentioned in the video?
An increase in bank profits
A major risk to deposits
A marginal impact on keeping deposits
A decrease in bank stress
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