Episode 9: The U.S. Government's $18 Trillion Debt Problem

(Bloomberg) -- It's that time of the year again, when Washington erupts in heated debate over the decision to raise the U.S. debt ceiling. How worried should you really be? Hosts Tori, Dan and Aki discuss with debt historian John Steele Gordon, who also channels his inner Alexander Hamilton to offer advice to contemporary lawmakers.

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Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.