Global Debt Surpasses $100 Trillion: Rising Refinance Risks Ahead
Global debt has now topped $100 trillion, and governments and corporations are facing the highest interest costs seen in two decades. The Organisation for Economic Co-operation and Development (OECD), which brings together 38 member countries to develop policies that improve living standards, notes that its member governments are spending 3.3% of GDP on interest payments—more … Read more