Debt jubilee to let go of all the bad debt out there? Danielle DiMartino Booth doesn’t think so. Here’s why the debt will not be forgiven willingly…
Former Fed insider Danielle DiMartino Booth says the $250 trillion global debt is going to be a painful and messy problem to resolve. What about a giant global debt forgiveness such as a debt jubilee? DiMartino Booth warns, “I am not so sure something like a debt jubilee, where all countries are supposed to hold hands and sing kumbaya, I don’t know that scenario necessarily unfolds. . . . The debt will not be forgiven willingly.”
Join Greg Hunter as he goes One-on-One with Danielle DiMartino Booth, founder of Quillintelligence.com.