SLP446 Alex Gladstein The Scourge of “Structural Adjustment”
Stephan Livera Podcast
00:00
The World's Largest Ponzi Scheme
The world's largest Ponzi scheme is not the dot com bubble, it was not the subprime bubble. It was not even the stimulus bubble. This is a sovereign debt bubble. And what ends up happening is that countries that are ruled by either dictators, autocrats, or unaccountable rulers have gone on taking on all this debt. They're stuck paying it off.
Play episode from 42:41
Transcript
