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Tag: Worldbank

Tsunami of Global Debt

On December 6, 2020December 6, 2020 By Wang JunIn Economics and FinanceLeave a comment

In a publication called: “Global debt Monitor: Attack of the Debt Tsunami” on November 18, the Institute of International Finance reported that the global debt would reach an all-time high of $277 trillion. That is with 12 zeros, over $15 trillion more since the end of 2019 and 365% of the World’s Gross domestic product …

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