Econ Megapod: The Debt Ceiling Is Dumb, and the Inflation “Crisis” Might Be Over
Plain English with Derek Thompson
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Navigating National Debt
This chapter explores the sustainability of national debt and the potential crises arising from high debt-to-GDP ratios, using historical examples from Canada and Greece. It discusses the implications of rising government entitlement spending and the economic challenges faced by the U.S., emphasizing the importance of addressing these issues to prevent a financial crisis.
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Transcript
