The world's $100 trillion fiscal timebomb keeps ticking
Briefly

"Our forecasts point to an unforgiving combination of low growth and high debt - a difficult future. Governments must work to reduce debt and rebuild buffers for the next shock - which will surely come, and maybe sooner than we expect."
"Elevated debt levels and uncertainty surrounding fiscal policy in systemically important countries, such as the U.S. and China, create a ripple effect that can destabilize the entire global economy."
Read at Fortune
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