42: The Answer to Almost Everything (2021)

42: The Answer to Almost Everything (2021) : 1x206

Can states go into debt indefinitely? Min.
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Overview

In reality, no state ever repays its debts. And yet, insolvency doesn't necessarily lead to bankruptcy. Public debt isn't just numbers; it also depends on growth, interest rates, policy, and, above all, confidence. When does debt become useful, and how can it become a threat?