Thought for the Week: Walking into the Unknown

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Gavin Oldham

Thought for the Week: Walking into the Unknown

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Walking into the Unknown
Last week we focused on UK government debt: but it pales into insignificance when compared to U.S. national debt. Donald Trump has radical plans to apply tax cuts and huge import tariffs, but could this trigger a global financial crisis with no-one prepared to buy debt in a zombie economy? U.S. national debt has doubled to over $35 trillion during the ten years that Share Radio has been on air: both Democrats and Republicans have driven it remorselessly. A new approach to economics is needed which doesn't rely on either bigger government or lower taxes. Background music: 'Dark Alley Deals' by Aaron Kenny

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Topics: Macro-Economics, Wealth Distribution (in Economics); World (in Politics)


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