Should The US Default On Its Debt To Save Its Economy?

Economics Explained

EpisodeSep 7, 202314m

Should The US Default On Its Debt To Save Its Economy?

Economics Explained

EpisodeSep 7, 202314m

LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at https://www.linkedin.com/ee. Terms and conditions apply.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+). Learn more about your ad choices. Visit megaphone.fm/adchoices

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On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.

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