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Waking Up to World Debt

Borrowing levels have soared during recent global crises. Author and financier Mike O’Sullivan asks whether debt has weakened our chances of dealing with another.

Borrowing levels have soared during recent global crises. Author and financier Mike O’Sullivan asks if a reckoning is on the way. Have governments already accumulated so much debt that they won't have the resources left to handle the next big disaster - be it another pandemic, a war in Asia, or a global recession? And if so, which nations and regions are mostly likely to bear the brunt?

Contributors:
Joyce Chang: Chair of Global Research, JP Morgan
Barry Eichengreen: Professor of economics and political science at the University of California, Berkeley
Ruchir Sharma: Chief Investment Officer and founder, Breakout Capital
Raghuram Rajan: Professor of finance at the Chicago Booth School of Business

Presenter: Mike O’Sullivan, former chief investment officer for international wealth management at Credit Suisse and author of The Levelling: What’s Next after Globalisation?

Producer: Laurence Knight
Executive Producer: Rosamund Jones
A Whistledown production for Radio 4

Available now

28 minutes

Last on

Wed 29 Nov 2023 11:00

Broadcasts

  • Mon 27 Nov 2023 20:00
  • Wed 29 Nov 2023 11:00