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'...
Brokerpedia is a trademark of Media Vest FZ-LLC, a company incorporated in the United Arab Emirates with license number 101647. Information published on this website is not directed at residents of the United Arab Emirates and is not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation.
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.