The David McWilliams Podcast cover image

The third world debt crisis is going to affect you

The David McWilliams Podcast

00:00

The Debt Crisis

Third world debt has ballooned over the last 20 years. David Walliams looks at how some countries have tried to get rid of their debts. He says that in order for a debt restruction to happen, somebody must pay someone something. But if you don't, you get what's called hold and these are really weird creatures,. These are the sort of people, these are your vulture funds.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app