MoneyWeek Talks cover image

The MoneyWeek Podcast with Russell Napier at the Library of Mistakes

MoneyWeek Talks

00:00

The Asian Crisis and the End Game of Debt

The world's debt o juty p ratio when the asian crisis comes along is probably about a hundred and 50 %. Now we are basically very close to 300%. U now we've never seen anything like this in human history before, even warfare. We didn't, in terms if the whole of the society didn't get to that level. And nobody that i know really ever sat down and came up with a comprehensive reason that ouknow why didn't something happen at never, never happened inhuman history before. But i suggest in this book it was because of what happened after the ancient crisis,. The asians were determined not to find themselves in the same position again, and they

Play episode from 11:43
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app