At the heart of government debt is a promise to pay back creditors. But governments sometimes don't do this - either by defaulting on their bonds or restructuring their debt. How are these decisions made? And what happens to borrowings that governments say should never have been done at all?

Why AI Might Actually Create More Work for Lawyers
55:25

The Korean Levered ETFs Shaking Markets All Around the World
43:27

One of the World's Largest Hedge Funds on Its 86x Growth in Token Spending
52:28