Jackson Hole Reckoning: The $40 Trillion Debt Crisis and the End of Fiscal Exceptionalism

The David McWilliams Podcast by David McWilliams

Aug 27, 202636:18News & Politics

As global central bankers convene for the Jackson Hole symposium, the interrogation of American fiscal credibility takes center stage. With US national debt surpassing $40 trillion and interest payments now exceeding the...

Related Episodes

Continue listening to more episodes from The David McWilliams Podcast.

Mr 5%: The Armenian Who Invented the Oil Industry and Gave It All Away

Oct 8, 2026 - 43:47

Calouste Gulbenkian never drilled a well, never owned a rig, and still died the richest man in the world....

The End of The Housing Crisis?

Oct 6, 2026 - 33:58

Dublin prices have fallen 5.2% last year, the biggest drop since 2014, and the buyer's strike is real. Th...

Are Teenagers Getting Dumber?

Oct 1, 2026 - 39:55

15-year-olds across the OECD are now testing at levels last seen among 14-year-olds a decade ago, we've l...

The Welfare State vs Immigration: What Ireland's Numbers Actually Say

Sep 29, 2026 - 34:05

Can a generous welfare state and large-scale immigration coexist? Fresh research says it depends on who a...

Xi vs Trump: Inside the Chinese Economic Machine

Sep 24, 2026 - 43:18

Trump and Xi sit down in Washington today, but the real story is how China actually built its economic ju...

The Ed Sheeranisation of Irish Economic Policy

Sep 22, 2026 - 39:04

This episode provides a midterm assessment of the Irish economy, exploring the disconnect between record-...

Pacing the Frontier: Global Capital, Bond Markets, and the AI Pivot

Sep 17, 2026 - 41:38

There has been a transition from a world of abundant capital to one of scarcity. With the rising interest...

The Death of the Night-Time Economy: Why Ireland is Closing Down After Midnight

Sep 15, 2026 - 37:55

This week, we analyse the collapse of Ireland's night-time economy, noting that 2,205 pubs, one in four n...