Liquidity Is Still In Charge, But It's Going To Be A Bumpier Ride From Here | Michael Howell
Thoughtful Money with Adam Taggart
Debt Burden and Refinancing in the Economy
High levels of public debt can have negative consequences on an economy, such as slower growth, embedded inflation, wealth and income distribution issues. The US must avoid these effects. Debt needs to be refinanced periodically, and with the global average debt amount at 350 trillion and an average maturity of five years, approximately 70 trillion in debt needs to be refinanced annually worldwide. Global financial markets are saturated with the need to refinance existing debt, making it crucial to have sufficient liquidity and balance sheet space.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
