What are the Reasons for Rise in Global Debt?
Central Idea Record High: The Institute of International Finance (IIF) reported that global debt reached an all-time high of $307 trillion by the end of June 2023, marking an increase of about $100 trillion over the last decade. Debt-GDP Ratio: After seven consecutive quarters of decline, global debt as a share of gross domestic product… Continue reading What are the Reasons for Rise in Global Debt?