Past Peak Hawkishness (guest: Barry Knapp)
The Market Huddle
00:00
What's the Difference Between Private Sector and Public Sector Debt?
There's a big difference between now and prior to the global financial crisis. We've gone from 30 %, roughly, debt to g d p for the us,. Government, to over a hundred. Now there is a ver there's very different economic implications of debt in the private sector versus debt in the public sector. If the government's going to drive us into recession, typically they wag The way they do it is with a tax hike.
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