What Happens When a Country Defaults on Its Debt?

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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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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).

What Happens When a Country Defaults on Its Debt?


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