National debt: Acceptable imbalance

As individuals, we know it’s not great to have too much debt. But at the macro level, that narrative falls apart. In fact, most governments need some debt to take care of their people, especially in the wake of a crisis like a pandemic. How a country invests in itself—and how its leaders talk about that investment—says a lot about how it sees its future.

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Episode art by Eric Helgas, styled by Alex Citrin-Safadi

Transcript: https://qz.com/2158771