Debt: Slowly, Then All At Once
18:10–19:05 · 55s
Blankfein warns that persistent deficits in good times are dangerous, invoking the "slowly, then all at once" collapse line to describe how creditor confidence can suddenly break.
18:10–19:05 · 55s
Blankfein warns that persistent deficits in good times are dangerous, invoking the "slowly, then all at once" collapse line to describe how creditor confidence can suddenly break.
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