The Debt Dilemma - a growth catalyst or a trap door? - Part 2
The aim of Open Dialogue by Axis Bank is to bring to the fore nuanced and insightful discussions on macroeconomics and market-oriented subjects.
Written by Axis Open Dialogue PodcastUpdated on 20 May, 2024Presenting the second part of the episode on 'The Debt Dilemma,' where the focus shifts to a detailed examination of the current global debt landscape. This episode specifically explores mounting debt issues concerning major global players such as the US and China, analysing the underlying causes. The speakers also provide insights into debt sustainability and corrective measures, citing examples from Greece and Sri Lanka. The discussion expands further to include an assessment of India's debt status, highlighting the reasons for its healthy fiscal position.
Chapters:
0:00 - Introduction
2:30 – Has the US debt reached an unsustainable level?
5:57 – Why’s US considered safe despite debt worries?
8:52 – China’s Debt Dilemma: The story of how it piled up
13:38 – China’s model of socialising losses & privatising gains
15:20 – China & its real estate and its debt problem
16:18 – How do countries tackle a debt crisis?
22:04 – India’s debt profile Vs its low credit rating?
24:05 – High Debt-to-GDP ratio, why is India still less risky?
25:37 – Key takeaways
0:00 - Introduction
2:30 – Has the US debt reached an unsustainable level?
5:57 – Why’s US considered safe despite debt worries?
8:52 – China’s Debt Dilemma: The story of how it piled up
13:38 – China’s model of socialising losses & privatising gains
15:20 – China & its real estate and its debt problem
16:18 – How do countries tackle a debt crisis?
22:04 – India’s debt profile Vs its low credit rating?
24:05 – High Debt-to-GDP ratio, why is India still less risky?
25:37 – Key takeaways
Speakers:
Sameer Shetty – President & Head, Digital Business & Transformation, Axis Bank
Neelkanth Mishra - Chief Economist, Axis Bank & Head of Global Research, Axis Capital
Sameer Shetty – President & Head, Digital Business & Transformation, Axis Bank
Neelkanth Mishra - Chief Economist, Axis Bank & Head of Global Research, Axis Capital
Was this information helpful?