A World Drowning Deeper in Debt
Monday, December 7, 2020
THE world population will have to accept a bitter legacy of the pandemic. That legacy is an extraordinary amount of debt. These are the fruits of policies taken by the governments all over the world to avoid the collapse of their respective economies.
The Institute of International Finance, a global association that comprises more than 450 major financial institutes, calculated that the ratio of global debt to global gross domestic product will
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