
Sign up to save your podcasts
Or
American debt is growing, fast. As we record this, the United States federal government has borrowed about 36.2 TRILLION American dollars in order to cover its expenses. But, by the time you hear this - that is, less than 24 hours since recording - it will have shot past this.
OK, I can hear you asking: So what? Why should we care? What does it matter to us if Donald Trump has a bill passed that will add another three trillion dollars to that debt, as he’s hoping?
Because these figures point to an empire in decline, according to international and political editor Peter Hartcher.
Today, he joins me to discuss what it would take to pull the American empire back from the brink. And what it all means for the rest of us if the United States ceased to be a great power.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.
4.5
1616 ratings
American debt is growing, fast. As we record this, the United States federal government has borrowed about 36.2 TRILLION American dollars in order to cover its expenses. But, by the time you hear this - that is, less than 24 hours since recording - it will have shot past this.
OK, I can hear you asking: So what? Why should we care? What does it matter to us if Donald Trump has a bill passed that will add another three trillion dollars to that debt, as he’s hoping?
Because these figures point to an empire in decline, according to international and political editor Peter Hartcher.
Today, he joins me to discuss what it would take to pull the American empire back from the brink. And what it all means for the rest of us if the United States ceased to be a great power.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.
68 Listeners
69 Listeners
19 Listeners
14 Listeners
7 Listeners
104 Listeners
51 Listeners
388 Listeners
50 Listeners
47 Listeners
127 Listeners
314 Listeners
125 Listeners
33 Listeners
143 Listeners
208 Listeners
174 Listeners
68 Listeners
18 Listeners
3 Listeners
3 Listeners
22 Listeners
0 Listeners
0 Listeners
40 Listeners
175 Listeners
6 Listeners
0 Listeners
19 Listeners
36 Listeners
2 Listeners
52 Listeners
3 Listeners