World News@lemmy.worldEnglish · 10 months ago

Analysis: $88 trillion in debt and a wave of elections. World leaders are hamstrung

edition.cnn.com

Analysis: $88 trillion in debt and a wave of elections. World leaders are hamstrung

edition.cnn.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 10 months ago

Analysis: $88 trillion in debt and a wave of elections. World leaders are hamstrung | CNN Business

edition.cnn.com

Public debt exploded during the pandemic and new borrowing this year is likely to break records in several big economies, leaving governments less able to respond to shocks, fund public services or invest in the energy transition.

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Haagel@lemmings.world
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10 months ago
Owed to who? Future generations?

It seems our leaders have already decided to default on that obligation.

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