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The Real Story
Debt: Borrowers Beware?
The Real Story
Oct 14, 2016

Is debt essential for economic growth? We look at the economics and morality of debt. Should countries burdened with huge debts be forced to repay them in full? And, if it is fine for an individual to borrow large sums to buy a house, why shouldn’t governments do the same to finance employment schemes or large infrastructure projects? Owen Bennett Jones and his expert panel are in front of a live audience at the How the Light Gets in Festival in Hay-on-Wye to discuss the problems of debt.

(Photo: Students pull a mock ball and chain representing student debt. Credit: Getty Images)

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The Global Story brings you trusted insights from BBC journalists worldwide. We’re keen to hear from you, wherever you are in the world. We want your ideas, stories and experiences to help us understand and tell The Global Story. Email us at [email protected] You can also message us or leave a voice note via WhatsApp on +44 330 123 9480. #TheGlobalStory

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This episode was made by Peter Goffin, Neal Razzel, Beth Timmins and Alix Pickles. The technical producer was Matt Hewitt. The assistant editor is Sergi Forcada Freixas and the senior news editor is Jonathan Aspinwall.


26min 39sec

Debt: Borrowers Beware?

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