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Brent Jacobs
Economics Explained
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Comments by "Brent Jacobs" (@br3nto) on "What Everyone Gets Wrong About Global Debt | Economics Explained" video.
Why is debt all bundled together?? Why doesn’t the expected lifetime of the debt come into play? Eg if I purchase in cash, debt is instantly resolved, purchase with credit, debt is resolved usually within a month, vs mortgage where best is resolved after a few decades. I assumed there is some correlation between the expected debt lifetime, and the value generated from holding the debt. Maybe there are multiple dimensions, eg size and lifetime of debt vs value generated over some time period. The point being, if such a correlation exists, we should be able to apply it the global debt to determine how much of it is for short term consumption vs for longer term value generation. Then I guess the next metric would be the serviceability for those different dimensions.
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