The Dangers of Fiscal Policy

Argentina, Mexico, Thailand, Indonesia, Greece...what do all these countries have in common? Sadly, they’ve all faced crippling sovereign debt defaults. Fiscal policy can be a super useful tool – under the right circumstances. In this video we’ll discuss fiscal policy gone bad, and the warning signs to look out for. ------------------------------------------------------------------------------------------------------------ Subscribe for new videos: http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/2wvSgLr Next video: http://bit.ly/2g8suGG Help translate this video: http://bit.ly/2kn5Dfl