GZERO World with Ian Bremmer cover image

Fix the global debt crisis before it's too late, warns World Bank's David Malpass

GZERO World with Ian Bremmer

CHAPTER

The Debt Limit Law and Fiscal Responsibility

I worked on the debt limit increases in the 1980s. President Reagan really didn't like having to ask Congress to raise the debt limit. There's no methodology for making logical decisions on who not to pay, he says. So I think they will sort it out. It was good that the House passed a bill saying how they would do it.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner