The debt ceiling breach explained in 90 seconds

BY newsdesk  October 15, 2013 at 3:25 PM EDT

With the Oct. 17 deadline for increasing the debt ceiling less than two days away, questions swirl about what the economic consequences will look like should the U.S. default. In response, the BBC has crafted an explainer video that looks at what breaching the debt ceiling could mean, in 90 seconds.

For more on the government shutdown and debt ceiling negotiations, see our Politics page.

H/T Sarah Corapi