4min chapter

HBR IdeaCast cover image

What Leaders Need to Know About a Looming Recession – and Other Global Threats

HBR IdeaCast

CHAPTER

The Mother of All Debt Crisis

There is a bit of a quantum shift in the world and the world economy, he says. We have never had such a debt load in the world in history every before,. Even in the US, the debt ratio today is higher than the one that it had during the Great Depression., writes David Frum.

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