LU prof weighs in on American debt crisis

Lakehead University economics professor Livio Di Matteo is disturbed a country like the United States is on the brink of a debt default. Di Matteo calls it irresponsible and doesn't believe the worst case scenario will happen. He thinks that instead of defaulting the government will shut down and programs will be suspended until the politicians work out a deal. Di Matteo is confident a solution will take place, it's only a matter of when