The International Monetary Fund (IMF) stated in its latest financial surveillance report that global debt will exceed $100 trillion by the end of this year.
The International Monetary Fund (IMF) stated in its latest financial surveillance report that global debt will exceed $100 trillion by the end of this year. This marks a $3 trillion increase compared to the previous year, with half of the debt attributed to the United States. It is projected that government debt will reach 93% of the global GDP by the end of 2024 and approach 100% by 2030. The IMF advises governments to take early measures to address debt risks, warning that delays in action could have costly and dangerous consequences.
Source: dailyhodl.com
