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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?
As conventional wisdom grows that central banks can go more deeply into debt than previously thought, one economist asks, how much is too much?
STORY CONTINUES BELOW
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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.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
