4min chapter

GZERO World with Ian Bremmer cover image

Fix the global debt crisis before it's too late, warns World Bank's David Malpass

GZERO World with Ian Bremmer

CHAPTER

The US Needs a Better Debt Limit

The US needs a better debt limit that doesn't threaten default, he says. The World Bank wants fast growth in poor countries so they can get ahead and have fruitful lives with opportunity,. But I think it also very much is the goal of a value-based society worldwide. We want people at the bottom to have faster growth so they can catch up.

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