💨 Abstract
Global debt reached a record high of $312 trillion at the end of Q2 2024, driven by borrowing in the US, China, and other countries. The Institute of International Finance warns of rising government borrowing, with global debt forecasted to rise from $92 trillion to $145 trillion by 2030 and $440 trillion by 2050.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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