
Sign up to save your podcasts
Or


What happens when the Government's debt can’t be repaid?
Well, it’s different than when it’s your personal credit card debt, vs the government's debt.
But it’s also sort of the same, meaning… if the debt can’t be repaid, there will need to be some sort of agreement…
For example, on personal debt, you might negotiate with the lender for smaller payments spread out over a longer time frame. A debt restructuring… or sometimes it’s just like sorry, I can’t pay it, and it’s an outright default.
Or sometimes, it’s something in between, but…
What happens will you look at all the debt, and the ability to pay it back and just realize, there is no way
And you realize it can’t even be paid back.
And with about $34 trillion of debt for the US government and about $305 Trillion for governments around the world.. That’s the realization that many are starting to have…
See omnystudio.com/listener for privacy information.
By iHeartPodcasts4.9
195195 ratings
What happens when the Government's debt can’t be repaid?
Well, it’s different than when it’s your personal credit card debt, vs the government's debt.
But it’s also sort of the same, meaning… if the debt can’t be repaid, there will need to be some sort of agreement…
For example, on personal debt, you might negotiate with the lender for smaller payments spread out over a longer time frame. A debt restructuring… or sometimes it’s just like sorry, I can’t pay it, and it’s an outright default.
Or sometimes, it’s something in between, but…
What happens will you look at all the debt, and the ability to pay it back and just realize, there is no way
And you realize it can’t even be paid back.
And with about $34 trillion of debt for the US government and about $305 Trillion for governments around the world.. That’s the realization that many are starting to have…
See omnystudio.com/listener for privacy information.

862 Listeners

1,215 Listeners

1,642 Listeners

1,933 Listeners

775 Listeners

434 Listeners

1,852 Listeners

106 Listeners

177 Listeners

3 Listeners

17 Listeners

196 Listeners

1 Listeners

115 Listeners

2 Listeners

269 Listeners

20 Listeners

1,033 Listeners

2 Listeners

1 Listeners

326 Listeners

122 Listeners

17 Listeners

11,920 Listeners

242 Listeners

184 Listeners

83 Listeners

436 Listeners

41 Listeners

122 Listeners

45 Listeners

120 Listeners

27 Listeners

99 Listeners

44 Listeners