2min chapter

GZERO World with Ian Bremmer cover image

Fix the global debt crisis before it's too late, warns World Bank's David Malpass

GZERO World with Ian Bremmer

CHAPTER

The Debt Explosion in the US

Do we see a level of asset base or increase of asset base among many of the developed countries that make us less concerned about the explosion of the debt? That's a huge question. What investments are being made by governments? And if they're crowding out the private sector, is it being done in a constructive way? I'm skeptical of the latter, but certainly involvement of a society can create innovation.

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