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How Much Debt Can a Country Handle?
As conventional wisdom grows that central banks can go more deeply into debt than previously thought, one economist asks, how much is too much?
Updated Sep 14, 2021, 10:42 a.m. Published Dec 13, 2020, 2:00 p.m. 1 min read
As conventional wisdom grows that central banks can go more deeply into debt than previously thought, one economist asks, how much is too much?
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This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.
This week’s edition of Long Reads Sunday is a reading of “How Much Debt Is Too Much?” by Raghuram Rajan on Project Syndicate.
In it, the author explores the shifting conventional wisdom on national debt and worries that countries may reach their limit far earlier than they think.
See also: Luke Gromen on the History and (Declining) Future of the Global Dollar System
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Higit pang Para sa Iyo
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
Ano ang dapat malaman:
- Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
- As part of the deal, Trump said, the Strait of Hormuz will be reopened.
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