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The Covid-19 debt mountain: Counting the trillions borrowed
The Covid-19 debt mountain: Counting the trillions borrowed
The Covid-19 debt mountain: Counting the trillions borrowed during the pandemic
The Covid-19 debt mountain: Counting the trillions borrowed during the pandemic
Issued on:
13/05/2021 - 18:16
PEOPLE & PROFIT © Getty
13 min
In a crisis that's caused economic shockwaves, governments around the world have spent trillions of euros dealing with the pandemic. In this special edition of the show, we look at the Covid-19 debt mountain, what it means for us as taxpayers now and in the future and whether this extra debt is a cause for concern.
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Plus, how exactly do countries raise money on the markets? We take you inside the French government agency that can borrow billions in just a few minutes.
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