Peter St. Onge talks about the ongoing sovereign debt crisis, how it came to be, and what might come next. Twitter: https://twitter.com/profstonge 0:05 - Sovereign debt crisis explained 2:08 - Prevalence of sovereign defaults 3:10 - High debt-to-GDP ratios worldwide 5:00 - U.S. Dollar's global reserve decline 7:47 - Fiscal and monetary solutions