Now It's Populism!
Global Debt Reaches Unprecedented $307.4 Trillion
The Institute of International Finance revealed a staggering $307.4 trillion global debt in Q3, with emerging markets hitting an all-time high in debt-to-output ratio. Projections hint at a $310 trillion year-end mark, signaling a concerning 25% surge in five years. Reuters puts this development into the light of ''political populism'' that threatens to elevate this financial challenge... incredible