The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
July 02, 2024 at 06:05 AM EDT
London CNN — Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations. Debt burdens have grown so large — in part because of the cost of the pandemic — that they now pose a growing … Source