May 17, 2024・Original Analysis
Not Just the US: Global Debt-To-GDP Ratios Are Skyrocketing
The US national debt is so out of control that, ironically enough, even the Federal Reserve chair has expressed concern about the problem. And while America is among the top contributors, it isn’t just the US that’s spending money it doesn’t have: after briefly declining in 2023, the global debt-to-GDP ratio is again at an all-time high.