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Deep In the Red

Deep In the Red

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Government debt around the world is at unprecedented levels - and so is the cost of borrowing, which means there's less to spend on hospitals, school and defence. So why is the debt so big, and the cost so high? And is it up to central banks to try to rebalance the system? Muhammad Ali Nasir, Professor Economics at Leeds University, tells Phil and Roger where the crisis came from, and what could help

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.