
What Happens with the National Debt
The Political Orphanage
00:00
The Pro-Dium Bubble
Two months ago, we were facing serious problems. This country was dying because trade and commerce had declined at dangerously low levels. That situation in that crisis did not call for any complicated consideration of economic panaceas or fancy plans. When the economy is humming along and everybody is getting rich, banks become flush with cash. In that rising tide of capital, it becomes harder to spot the difference between sound productive companies and shaky or unprofitable ones.
Transcript
Play full episode