2min chapter

Many Happy Returns cover image

Defaulty Towers: How dangerous is the US Debt Ceiling?

Many Happy Returns

CHAPTER

Debt Letters Survive COVID

Debt has been the country's greatest asset, as Hamilton knew it would be. Debt letters win World Wars one and two. In this century, debt saved us from the financial crisis. A fine book in defense of public debt by four distinguished economists explains how much we owe to debt. We don't know when the next COVID or whatever is going to hit, and we have to spend a huge amount of money.

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