Amity Shlaes recently joined Bloomberg's "Street Smart" program to provide some historical context to the U.S. federal...
Amity Shlaes recently joined Bloomberg's "Street Smart" program to provide some historical context to the U.S. federal government's current risk of default. Shlaes compares America's current situation with other instances when foreign government actually have defaulted on their debts. Shlaes says that America's predicament is more similar to that of the Roman Empire than to that of other governments' defaults through the years. You can watch the entire interview at this link.
