A new era of high interest?
Finance & History
00:00
Challenges of Rising Fiscal Deficits and Debt Ratios Post-COVID
The chapter delves into the significant increase in fiscal deficits and debt ratios following the COVID-19 pandemic, with a focus on the United States and Europe. The speakers discuss the impact of these deficits on fiscal and monetary policies, the challenges of reducing deficits, the consequences of rising interest rates, and the potential for bond market crises in major countries.
Transcript
Play full episode
