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| The covid-19 pandemic is set to increase public debt to levels last seen after the second world war. But is rising public debt a cause for concern? New economic thinking suggests perhaps not, at least for now. Further reading: Find The Economist’s most recent coverage of covid-19 here: https://econ.st/31E02VY Sign up to The Economist’s daily newsletter to keep up to date with our latest covid-19 coverage: https://econ.st/3ghRh7W Why economics sometimes changes its mind: https://econ.st/3hXRP41 Read more about the debt after covid-19: https://econ.st/2DtpX92 Why governments must beware the lure of free money: https://econ.st/2GufJXf Read about the Fed’s biggest inflation-policy change in decades: https://econ.st/31VyJG0 Why covid-19 could eventually lead to the return of inflation: https://econ.st/354m9X4 Read about the economies that have started to bounce back: https://econ.st/2OM8fzA Why fiscal policy must shift as economies start to recover: https://econ.st/3hnBSDB Read our article on the resilience of banks: https://econ.st/3hjG8E2 Why investors at home and abroad are buy American government debt: https://econ.st/3hYBBaM |
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
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20 comments
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Zeeshan Naeem
2020-09-08 at 19:25 (UTC 2) Link to this comment
INDIAN religious ELITE OF INDIA are using innocent,Nepalese,Tibetans,punjabis,dalit and muslims as a scapegoat in all previous Wars and even now against CHINA.The Brahmin and Bania sleep in their cozy beds.
Rss/bjp/MODI & ANDH BHAKTS WERE BUSY CHANGING indian HISTORY , NEIGHBORS CHANGED the indian GEOGRAPHY. After LADAKH, Arunanchalpradesh AND HIMACHAL PRADESH as new South Tibet by China.
Abhay Ambani
2020-09-08 at 19:28 (UTC 2) Link to this comment
The USA is the real boss of the entire universe
Tib Syy
2020-09-08 at 19:29 (UTC 2) Link to this comment
The whole world is a house of cards!
KELLI2L2
2020-09-08 at 19:31 (UTC 2) Link to this comment
High levels of debt should bother everyone, yet seems to bother no one. ?
Stephen Conlon
2020-09-08 at 19:40 (UTC 2) Link to this comment
Start a demand economy, which will increase employment, raise more taxes and stimulate spending
Emin Yilmaz
2020-09-08 at 19:50 (UTC 2) Link to this comment
Wait so WHO exactly are they 'borrowing' from?
Gonzalo Ale
2020-09-08 at 19:50 (UTC 2) Link to this comment
iWhere are my Freedmanites at!
Bin He
2020-09-08 at 19:51 (UTC 2) Link to this comment
no new insight.
Shoaib khan
2020-09-08 at 19:53 (UTC 2) Link to this comment
But it's not that easy for poor countires and those countries which are in debt trap like Pakistan.
MrManny
2020-09-08 at 19:56 (UTC 2) Link to this comment
US owes trillions and still ok. No point talking about this.
Shawn Mueller
2020-09-08 at 20:02 (UTC 2) Link to this comment
The world has a history of debt forgiveness. We've been borrowing 'happiness from tomorrow' for centuries. You leverage it until its worthless!
Emil Campos Tophøj
2020-09-08 at 20:06 (UTC 2) Link to this comment
Wow there was a lot of commercials for such a short video
dnyalslg
2020-09-08 at 20:09 (UTC 2) Link to this comment
This has been a pretty balanced review. Excellent.
R3 Group
2020-09-08 at 20:12 (UTC 2) Link to this comment
G O L D
What the Finance?!
2020-09-08 at 20:12 (UTC 2) Link to this comment
Nations that continue year after year to spend more money on military defense than on programs of social uplift are approaching spiritual doom.
Camilo Guzman
2020-09-08 at 20:13 (UTC 2) Link to this comment
This is only legally asserting reflation(financial engineering) for rich countries. But many social, fiscal and economical root matters arent taking on the account.
Conor O’Flynn
2020-09-08 at 20:19 (UTC 2) Link to this comment
Central banks giving all these loans and guaranteed them as no one else will. Just saddling more debt on nations . They won’t increase interest rates as they know will result in massive recession so just kicking can down the Road.
Marlon Arroyo
2020-09-08 at 20:20 (UTC 2) Link to this comment
USA IS NOT AMERICA, USA IS A LITTLE EUROPE IN NORTH AMERICA, LATIN AMERICA IS AMERICA.
Bhajau sabka Bhonga
2020-09-08 at 20:28 (UTC 2) Link to this comment
Do these so called Economist understand squat???? I don't think so…every few years they are badly proven worthless….paper soldiers???
Aaron
2020-09-08 at 20:30 (UTC 2) Link to this comment
SO MANY ADS!