AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Economy Stinks, and Dr. Doom is Not Hopeful
On with Kara Swisher
What Is a Debt Crisis?
2min Snip
00:00
Summary
Transcript
Episode notes
The biggest risk is that this cold war eventually is going to end up into a hot war. These are things that the world has been through before. In the 70s, we had stagflation because of these two,. all shocking, 73 and 79. That ratios were very low as a shareholder GDP. So we did not have a debt crisis in Europe and the United States. After the global financial crisis, we had a debt problem... But we had a negative demand shock and we had a credit crunch. We could aggressively use monetary and fiscal policy. Today instead, we have negative supply shocks.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode