
Fix the global debt crisis before it's too late, warns World Bank's David Malpass
GZERO World with Ian Bremmer
The Importance of Fiscal Constraint in the US
Germany understands deeply fiscal constraint, but that goes back to pre World War II. Germany had huge growth for 50 years as they followed those principles. And it caused a giant post World War II advanced there. The US Constitution doesn't have a debt limit in it. So we're stuck with this debt limit law that's a hundred years old That hasn't worked for a hundred years. Now, I continue to get people randomly saying we should mint a trillion dollar point.
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