Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

08/15/2024, 9:04 AM
businessinsider.com

Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

REUTERS/Mariana Bazo

Global public debt is on track to surpass $100 trillion this year for the first time — and the increase threatens a wider financial crisis, the International Monetary Fund warned.

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