Money 101: Sovereign Debt Crisis (Part 1)

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In this video I discuss what feeds into a sovereign debt crisis.

We often hear the media (and clickbaiters) talking about a bank crisis and how it is coming. This is soft pitch softball. A bank crisis can be handle by the major central bank. What they are impotent against is a sovereign debt crisis. In fact everybody is.

Part 1 sets the stage for what creates them.
In the second part, we will go through what they entail.

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