2min chapter

Stay Tuned with Preet cover image

In Brief: It's a Debt Trap (with Justin Wolfers)

Stay Tuned with Preet

CHAPTER

Isn't It Tough to Go to Vegas?

Most of the US debt is held by Americans. A big part of the recent run up in debt is, of course, the government's massive response to the coronavirus pandemic. It feels a little bit more to me like fighting World War II than it does like going to Vegas. So one is are we borrowing to buy useful stuff? Another is we'll be able to repay it because you don't want to get in over your head.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode