The US is going to host the G20 meeting next year. And on the finance track, we have identified the greatest financial risk as a lack of growth, because Post Covid, every government balance sheet has ballooned and we have this gigantic government debt. There are two ways. You can either cut your way out of it through austerity, no voter wants that. Or you can grow your way out of it. So. (35:48–35:59)
CLAIM
Asserts that post-Covid, government balance sheets have ballooned, resulting in significant government debt.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
