Boom Bust Season 2 Episode 156 How Savings Must Be Funded by Debt and More On Greece and Iceland

In this episode of Boom Bust, we explore the connection between savings and debt, and how one must fund the other. We delve into the reasons why debt is necessary to facilitate economic growth and development, and how it is used to fund various savings initiatives. Our expert panel breaks down the different types of debt, including public and private debt, and analyses how these can impact the overall economy.

Next up, we take a closer look at Greece and Iceland, two countries that have faced significant economic challenges in recent years. Our experts discuss the steps the countries have taken to manage their respective crises, and explore the impact these measures have had on their economies.

We analyse the reasons behind Greece's financial meltdown, and the steps taken by the country to rebuild its economy and regain investor confidence. Our panel also explores the impact of the European Union's bailout package for Greece, and whether it has been successful in restoring the country's economic stability.

Moving on to Iceland, we examine how the country managed to bounce back from the global financial crisis of 2008-2009. Our experts analyse the key factors that enabled Iceland to recover quickly from the crisis, including its decision to let its banks fail, and the country's focus on fiscal discipline and strong governance.

Overall, this episode of Boom Bust provides a comprehensive analysis of the link between savings and debt, and offers valuable insights into the economic challenges faced by Greece and Iceland. With expert analysis and insight, viewers can gain a deeper understanding of the complex issues that impact our global economy.