Covid, Russia, China, And The Economy In 2022
Fareed Zakaria GPS
00:00
Stock Prices Are at Extraordinary Highs
There are more than 25 countries in the world which have a debt to g p ratio of more than 300 %. This has some serious implications, not necessarily in terms of a crisis, but something more insidious. By taking on so much debt, we're keeping alive a lot of inefficient companies,. And that is undermining productivity. I thinkthat there are these bublets out there, and they are started to deflate.
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