From The Economist.

Debt is piling up across advanced economies. The covid-19 pandemic and the war in Ukraine have added to the already significant financial pressures from ageing societies and climate change. Our panel of experts unpick the fiscal mess, explain what’s on the line and suggest the most prudent ways forward.

#economy #economics #debt #finance #inflation #covid19 #tax #france #UK #usa #us #unitedstates #europe

00:00 – Why is public debt so high?
01:33 – The problem with forecasting
02:40 – The danger of large deficits
03:16 – Can countries tax and spend their way out?

Watch the full show: https://econ.st/3WDxZkB

The rich world faces a painful bout of inflation: https://econ.st/3WDZA5k

Across the rich world, fiscal crises loom: https://econ.st/4nC6keK

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