A dispute going back to 2013 involving Russia and Ukraine and $3 billion in bonds has revived a discussion about a legal concept called odious debt. What is it and how does the current conflict complicate the case?
May 2019
What the Russian Revolution Can Teach Us About Bond Bubbles
When talking government bond defaults, plenty of people think of Argentina and Greece. But the biggest sovereign debt default of all time was arguably Russia’s repudiation of debt in 1918, after the Bolshevik revolution. In this episode, we speak to Hassan Malik, an emerging mark ... Show More
30m 24s
Feb 2023
Jay & Shai's debt ceiling adventure
Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Right now, the debt limit is $31.4 trillion dollars. Once we reach that limit, Congr ... Show More
26m 6s
Dec 2019
Get Rid of Debt for Good (with Michael Bovee)
I've got a question for you. What would it feel like to be debt-free, to start over from a blank page, to not have that stress and worry hanging over you? I would imagine pretty good – but becoming debt-free takes time, some tips and tricks and as Michael Bovee says, it’s all abo ... Show More
46m 27s
Mar 2022
Que signifie “le défaut de paiement” pour un pays ?
Quand un pays connaît, pour diverses raisons, une situation économique difficile, il peut se retrouver en "défaut de paiement". C'est ce qui pourrait arriver à la Russie à plus ou moins court terme.
Qu'est-ce qu'un pays en défaut de paiement ?
Un pays est déclaré en défaut de pai ... Show More
1m 51s