Global Wealth and Global Debt - Interview with Jason Furman (Harvard University)
Economics Explained
00:00
The Role of Lenders in Financing Expansion
Lebanon, Sri Lanka and Pakistan are struggling to pay off their debts. CNN's John Sutter: Is there a more sustainable way of financing expansion? "A lot of countries, as you just said, are too poor to do that," he says. Lenders must be careful not to overborrow in a wasteful manner, the author adds.
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