This time, rising debt is a trend across the board. The general government public debt-to-GDP ratios of the US and China, properly measured, now well exceed 120% of GDP. And G20 emerging market countries' public debt has doubled over the past decade. Nevertheless, the IMF's assessment is that the risk of a "systemic" wave of debt defaults remains low. But the outlook is grim.
Denne historien er fra January 16, 2024-utgaven av Mint Mumbai.
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Denne historien er fra January 16, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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