Debt Pile-Up: A Global Concern
Governments worldwide are in a bit of a pickle. They've been spending more than they earn, and the debt is piling up. This isn't new, but it's getting worse. Before the pandemic, global debt was already high, but now it's even higher. And it's not slowing down. Five years ago, when the pandemic hit, governments had to spend big to keep economies afloat. They had to ...