Downsides of Debt Forgiveness for Business

An influential British think tank says the UK should relax the rules on repayment of coronavirus debts. Its new study says almost 2 million jobs are at risk at companies facing insolvency without debt forgiveness. But while debt forgiveness sounds like a good thing, there are downsides. NTD asked Daniel Lacalle about them. He’s the chief economist at the Tressis Hedge Fund.