Crisis: The U.S. Debt Ceiling Crisis looms as a critical issue with far-reaching consequences domestically and internationally. As the government faces the dilemma of raising the debt limit to prevent default, understanding the impacts of this decision is crucial. From affecting global financial markets to potential disruptions in vital services at home, this article explores into the intricacies of the situation, shedding light on its implications for individuals and nations alike.Key Takeaways: Impact on Financial Markets: The U.S. debt ceiling crisis can lead to increased volatility and uncertainty in financial markets both domestically and internationally. Economic Consequences: Failure to raise…