The world is in a monstrous fiscal bind. Countries can either keep spending beyond their means to repair the economic damage left by COVID-19; or they can try to bring their ballooning debts under control.
source https://www.smh.com.au/business/the-economy/ballooning-global-debts-need-to-be-restructured-before-it-is-too-late-20210409-p57hp3.html?ref=rss&utm_medium=rss&utm_source=rss_feed
source https://www.smh.com.au/business/the-economy/ballooning-global-debts-need-to-be-restructured-before-it-is-too-late-20210409-p57hp3.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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