Segments From This Episode

• U.S. is 'never going to default' on its debt, says Treasury Secretary Bessent

  by Sabri Ben-Achour

  It's true that the U.S. can always pay treasury debt it owes. It has a printing press. It can create money. But the question really is, what will the value of those dollars be when you get them back? Julia Coronado, founder of Macro Policy Perspectives and a professor at the University of Texas-Austin, joins us to discuss.

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• Retirement concerns for Gen X

  With few exceptions, professional planners recommend retiring with no debt. Yet the share of households over age 65 with debt is up sharply since the late 1980s. The debt picture looks poised to deteriorate further for the coming generation of retirees: Gen X. The oldest Gen Xers are 60 years old, and by several measures they’re deeper in debt than other generations. For our series “Buy Now Pay Later,” senior economics contributor Chris Farrell explains.

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