The House of Cards: Evaluating Economic and Financial Warning Signs
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What are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market?

Topics covered include:

• Signals to monitor to see if things are falling apart
• How much government debt is too much and why interest rates are key
• Why central banks don't control the stock market
• Why the dollar remains dominant, and what has to change for it to plummet in value

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Show Notes

The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow—Macmillan)

How Much Is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House)

U.S. National Deficit—Treasury.gov)

Budget and Economic Data—Congressional Budget Office)

Japan's growing debt mountain: Crisis, what crisis? by Andrew Sharp—Nikkei Asia)

The Dollar: The World’s Reserve Currency by Anshu Siripurapu and Noah Berman—Council on Foreign Relations)

Currency Composition of Official Foreign Exchange Reserves—International Monetary Fund)

Total credit to non-bank borrowers by currency of denomination: US dollar—BIS)

Wonking Out: The Mysteries of the Almighty Dollar by Paul Krugman—The New York Times)

Revisiting the international role of the US dollar by Bafundi Maronoti—BIS)

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404: Why Is the U.S. Dollar So Strong? Will It Continue?)

416: Your Nation’s National Debt: 5 Things You Need To Know)

433: What Happens If The U.S. Defaults On Its Debt? Here’s Why It Won’t)

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