What Happens if the U.S. Defaults?

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In this episode of “The David Frum Show,” The Atlantic’s David Frum opens with his reaction to recent reporting surrounding the Trump family’s “patriotic,” Trump-branded cellphones. David explains how this is yet another instance of the most powerful sowing doubt about the fairness of American business and destroying confidence in the ideals of American enterprise. Then, David is joined by Lloyd Blankfein, a former chairman and CEO of Goldman Sachs, for a wide-ranging conversation about the current state of the American economy. They discuss Blankfein’s new memoir, “Streetwise”; the expanding American debt; the American people’s faith in the economy; and the challenges that lie ahead. Sign up for David Frum’s newsletter alert. Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Atlantic subscribers also get access to exclusive subscriber audio in Apple Podcasts. Subscribe today at TheAtlantic.com/Listener. Learn more about your ad choices. Visit megaphone.fm/adchoices