Global Debt Reaches a Record US$226 Trillion

Saturday, December 18th 2021 - 09:02 UTC

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By Vitor Gaspar, Apulo Medas, and Roberto Perrelli (*) – In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to US$ 226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already elevated going into the crisis, but now governments must navigate a world of record-high public and private debt levels, new virus mutations, and rising inflation. Read full article

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Brasileiro
Perhaps the only good thing done in the Bolsonaro administration was to have expelled the representation of these IMF vultures from Brazil.
Dec 19th, 2021 - 01:24 pm - Link - Report abuse 0
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