The Stagnating Economy of Canada
![The Stagnating Economy of Canada](https://www.podcastworld.io/podcast-images/economics-explained-evj7ddyx.webp)
Explore "household debt" with insightful episodes like "The Stagnating Economy of Canada" and "Buy, Borrow, Steal" from podcasts like ""Economics Explained" and "Hidden Brain"" and more!
Policymakers have a tried-and-true game plan for jump-starting the economy in times of severe recession: Push stimulus packages and lower interest rates so Americans will borrow and spend. But economist Amir Sufi says the way we traditionally address a recession is deeply flawed. He argues that by encouraging "sugar-rush" solutions, the nation is putting poor and middle-class Americans and the entire economy at even greater risk. This week we look at the role of debt as a hidden driver of recessions, and how we might create a more stable system.
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