Here’s Why the Constitution Won’t Allow Default

Oct. 9 (Bloomberg) -- Sean Wilentz, professor at Princeton University, puts the debt ceiling limit battle in historical context, explaining why it is unconstitutional for the government to not raise the debt ceiling and how it is President Barack Obama’s duty to take steps to avoid default. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Xinhua Says China's Bull Market Is Not Over
25:45 - The Chinese stock market’s decline on Tuesday wasn’t the end of the bull market and could instead help the market enter the "slow bull" mode advocated by regulators, the official Xinhua News Agency says. Bloomberg's Christine Hah has more on "First Up." (Source: Bloomberg)
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