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Global public debt hurtling towards $100 trillion by end of 2024 – IMF
Skyrocketing global public debt is set to reach $100 trillion by the end of this year, driven foremost by the US borrowing binge, a new analysis by the International Monetary Fund (IMF) has revealed. This staggering sum represents around 93% of global gross domestic product (GDP). Modeling an “extreme adverse scenario,” the IMF found that…