US borrowing expected to rival Europe’s most indebted states, says IMF
Update: 2025-10-27
Description
Global Debt Crisis: Is the World Headed for Financial Disaster? The IMF is sounding the alarm as global public debt soars to levels unseen since the 1940s, driven by major economies like the United States. With rising interest rates and aging populations, countries are struggling to manage debt, potentially triggering a systemic financial meltdown. Find out why the era of cheap borrowing is over and what actions are needed to avert a global crisis.
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