A few weeks ago, Jamie Dimon and Ray Dalio expressed concerns over the size of the US deficit. Now the IMF is also raising the alarm over growing debt levels in 'advanced economies'...
Follow us
Brokerpedia is an independent information service that provides users with a platform to rate and review their broker. The ratings and reviews published on our service are user-generated and do not constitute financial advice. Brokerpedia does not accept payments, process orders, or trade the markets in any way.
Brokerpedia is the trading name of Media Vest FZ-LLC, a company registered with the Dubai Development Authority under license number 101647. Our headquarters are at Building 5, Dubai Media City, Dubai, UAE.
1 comment
I can't see these 'advanced economies' reducing their spend any time soon... there's always another emergency that needs addressing, whether that's the 'climate emergency', or greater spending on healthcare or the modernising the military. Higher debt will be inflated away through runaway inflation. That's clearly where we are headed, in my opinion.