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The David Frum Show

The David Frum Show

What Happens if the U.S. Defaults?

May 13, 2026 · 56m

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About this episode

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…