Curb your debts to prepare for the next pandemic, Raghuram Rajan tells US

Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.

from Economic Times https://ift.tt/H0rmdyZ