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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.
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
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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.
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