In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson is joined by Motley Fool One analyst Morgan Housel to discuss the importance of U.S. Treasuries to the entire financial system. Morgan thinks there is a high likelihood a default could trigger a panic, while David isn't quite as convinced.


Don't have time to watch the full video? You can listen to the audio version on the go! Where the Money Is can be found on iTunes. Click here!

Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.