Podcast: You Don't Have to Yell (LS 28 · TOP 10% what is this?)Episode: Debt, Austerity, and the Decline of a Global Superpower | Ben StudebakerPub date: 2023-02-17Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationIn the 19th century, Great Britain found itself saddled with debt after funding the Napoleonic Wars in continental Europe. In this episode, Ben Studebaker and Dan revisit how austerity measures taken by the British government ultimately led to its decline as a world power, how falling into the trap of "sensible spending" often forgoes investments for the future, and how the United States could fall into the same trap. For additional commentary on this episode and other issues of the day, sign up for YDHTY's email newsletter at https://www.ydhty.com/newsThe podcast and artwork embedded on this page are from Dan Sally, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

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