Is the world addicted to debt? Investors have been warning that governments are addicted to debt for the past 20 years and the alarm bells are growing louder. This FT film examines what some people are calling the biggest issue in finance today youtu.be/n1jhoU9Mp_U?... - ThreadSky

About ThreadSky

dangarrahan.bsky.social • 30 days ago

Is the world addicted to debt?

Investors have been warning that governments are addicted to debt for the past 20 years and the alarm bells are growing louder.

This FT film examines what some people are calling the biggest issue in finance today

https://youtu.be/n1jhoU9Mp_U?si=OEPNnhNDE78OgeZr

Comments

dangarrahan.bsky.social•30 days ago

Governments live in fear of pushing the bond market too far. No country wants its own 'Liz Truss moment' because it hits the average household in the pocket

dangarrahan.bsky.social•30 days ago

The bond market and the so-called 'bond vigilantes' have been the ultimate arbiter of fiscal responsibility. Some warn the bond vigilantes could be making a comeback

dangarrahan.bsky.social•30 days ago

The US, which has a massive deficit and unsustainable debt profiles, is at the heart of this issue. The big question is: when do the bond vigilantes act against the US?

dangarrahan.bsky.social•30 days ago

Government debt has sparked a debate between economists. Some say the bill is falling due, something bad will happen if debt isn't cut. Others argue government finances aren't like household finances -governments control the money printing machine and deficits can be useful

dangarrahan.bsky.social•30 days ago

This film features @raydalioofficial.bsky.social, Edward Yardini of @yardeniresearch.bsky.social, author of The Deficit Myth @stephaniekelton.bsky.social, Russell Napier of @libraryofmistakes.bsky.social, Greg Peters of PGIM, Karen Ward of JPMorgan Asset Management

dangarrahan.bsky.social•30 days ago

The film also stars former chief economist at the IMF Olivier Blanchard

dangarrahan.bsky.social•30 days ago

It also stars the FT's Martin Wolf @katie0martin.ft.com @chrisgiles.ft.com @tomstub.bsky.social

gryaho.bsky.social•30 days ago

and banks addicted to interests & commissions ? 🙏🏼

Posting Rules

Be respectful to others
No spam or self-promotion
Stay on topic
Follow Bluesky's terms of service

Comments

Posting Rules

Reply