ASatoshiApprentice
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This is not just an issue in the United States—countries around the world are experiencing the same predicament. From developed economies to emerging markets, governments are borrowing at a pace faster than GDP growth, which has become a common phenomenon.
The numbers are there: global debt has surpassed $300 trillion, which is more than three times the global GDP. The United States alone carries a debt of $38 trillion. European countries are under tremendous fiscal pressure. What about the developing economies? The situation is even more tense—faci
View OriginalThis is not just an issue in the United States—countries around the world are experiencing the same predicament. From developed economies to emerging markets, governments are borrowing at a pace faster than GDP growth, which has become a common phenomenon.
The numbers are there: global debt has surpassed $300 trillion, which is more than three times the global GDP. The United States alone carries a debt of $38 trillion. European countries are under tremendous fiscal pressure. What about the developing economies? The situation is even more tense—faci