Kenneth Rogoff: Tariff Impacts, The Dollar's Future and Global Economic Shifts
In Good Company with Nicolai Tangen
00:00
Navigating U.S. Debt and Economic Sustainability
This chapter examines the precarious state of U.S. debt amidst rising inflation and interest rates, calling for crucial fiscal policy adjustments. The discussion critiques political narratives on debt management while highlighting investor behavior and the implications of high debt levels on economic growth. It also reflects on the global landscape of government debt, including comparisons with Europe and Japan, emphasizing the challenges ahead for managing economic crises.
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