What Happens When a Country Defaults on Its Debt?

What Happens When a Country Defaults on Its Debt?

The Plain Bagel has finally released a new video! We're happy to share it today on Croblanc. It was released on September 16, 2022 and it has already made a lot of talk on social networks!

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For your information, you can find below the description of the video What Happens When a Country Defaults on Its Debt? published by the Youtube channel The Plain Bagel:

This video is sponsored by NOA - use the following link for a month free of their awesome news narration service: https://subscription.newsoveraudio.com/subscribe?offerId=plain_bagel_stdpx_1mt&utm_medium=YouTube_Influencer&utm_source=TPB&utm_campaign=plain_bagel_stdpx_1mt&utm_content=sovereigndefaults

Country defaults have been in the news lately, but what actually happens when a government can no longer pay off their debts? We dive into this strange topic in today's video.

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DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).