What Would a US Sovereign Debt Crisis Look Like? | Hoover Fiscal Policy Initiative скачать в хорошем качестве

What Would a US Sovereign Debt Crisis Look Like? | Hoover Fiscal Policy Initiative

A U.S. debt crisis would trigger spikes in inflation and interest rates with devastating consequences for the macro economy. Investors would likely flee from U.S. Treasury and corporate debt, sending the economy into a deeper growth tailspin than experienced in the Great Recession. Historical evidence shows that countries successfully reducing debt levels typically require running primary surpluses and maintaining strong growth, often only achieved after political consensus is reached following a severe crisis. Experts caution that addressing these problems after a crisis becomes much more costly, affecting banking and pension systems with permanent negative effects on economic growth trajectory that will impact many generations. Learn more at: https://www.hoover.org/research-teams... Featuring: Emil Verner, MIT Alejandro Warner, Georgetown University _________ The opinions expressed on this channel are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2025 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: ‪@HooverInstitution‬ 👍 Like and share this video! 🌐 Follow us on social media: • Facebook:   / hooverinststanford   • LinkedIn:   / hoover-institution-at-stanford-university   • Instagram:   / hooverinstitution   • TikTok:   / hooverinstitution   • X:   / hooverinst