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The Dangers of Fiscal Policy

Graham Watson

5th October 2017

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Another splendid Marginal Revolution University clip that looks at the dangers of debt finance, with a number of practical examples from across the developing world, and some developed economies - notably Greece.

The clip looks at when fiscal policy results in sovereign debt defaults, and the problems that this results in.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.