Debt: Borrowers Beware?

债务:借款人要小心吗?

The Real Story

政治

2016-10-14

48 分钟

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Is debt essential for economic growth? We look at the economics and morality of debt. Should countries burdened with huge debts be forced to repay them in full? And, if it is fine for an individual to borrow large sums to buy a house, why shouldn’t governments do the same to finance employment schemes or large infrastructure projects? Owen Bennett Jones and his expert panel are in front of a live audience at the How the Light Gets in Festival in Hay-on-Wye to discuss the problems of debt. (Photo: Students pull a mock ball and chain representing student debt. Credit: Getty Images)

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