Professor of Economics Hans Despain, Ph.D., interview: CGTN America, Global Business

January 25, 2023

Hans Despain, Ph.D., Chair and Professor of Economics at Nichols College, explains the U.S. Congressional debt ceiling debate for an international audience on news outlet CGTN America. 

We need a bipartisan agreement or else … what? Despain explains how Congressional action might impact the pocketbooks of typical investors, clarifies that the current debate is not about cutting vs. spending, and shares his perspective on the current state of the economy:  “I’m of the opinion we’re in a recession.”

View and listen to the full interview here:

Global Business: Hans Despain on future of U.S. debt: