Manage episode 362744497 series 3330763
We delve into the history of economic depressions and what lessons we can learn from past events. We also examine the potential impact of a US debt default on the global economy, as the US dollar serves as the world's reserve currency. Could a default trigger a global financial crisis, and what would be the long-term consequences?
Experts like Stan Druckenmiller and Hugh Hendry provide valuable insights into what steps individuals and businesses can take to prepare for an economic downturn, and what policymakers can do to mitigate the damage. Join us for a thought-provoking discussion on the state of the US economy and the potential for a depression and debt default.★ Support this podcast on Patreon ★