Debt and Trade-offs
Dambisa discusses the alarming financial situation in Zambia, which recently defaulted due to overwhelming debt pressures. She highlights a concerning trend in the U.S., where 20% of companies are classified as "zombies," unable to cover even their interest payments. This situation leads to difficult trade-offs in government spending, particularly in crucial areas like education and infrastructure, as resources are increasingly diverted to manage debt obligations.In this clip
From this podcast
The Prof G Pod with Scott Galloway
The Post-Pandemic World Economy
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