A lecture by Dr. Hans Sennholz discussing the rise of the national debt and the indebtedness of businesses as the road to a disaster because no one can live beyond means. The spending of the government creates a hole in the capital markets.
Debts and Deficits
Republish This Article
This work is licensed under a Creative Commons Attribution 4.0 International License, except for material where copyright is reserved by a party other than FEE.
Please do not edit the piece, ensure that you attribute the author and mention that this article was originally published on FEE.org