14 min listen
Should The US Default On Its Debt To Save Its Economy?
Should The US Default On Its Debt To Save Its Economy?
ratings:
Length:
15 minutes
Released:
Sep 7, 2023
Format:
Podcast episode
Description
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It might sound absurd, but some economists are talking about the possibility of the US defaulting on its debts, closing off to global trade and using its own domestic industries and energy production to save its economy, which currently is tipping further and further into unsustainable national debt (Fitch just downgraded the US credit rating from AAA to AA+).
It might sound absurd, but some economists are talking about the possibility of the US defaulting on its debts, closing off to global trade and using its own domestic industries and energy production to save its economy, which currently is tipping further and further into unsustainable national debt (Fitch just downgraded the US credit rating from AAA to AA+).
Released:
Sep 7, 2023
Format:
Podcast episode
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