As countries world-wide boost spending to battle the new coronavirus, government debt has soared to levels not seen since World War II.
Among advanced economies, debt rose to 128% of global gross domestic product as of July, according to the International Monetary Fund. In 1946, it came to 124%.
For now, governments shouldn’t worry about mounting...
The Link LonkAugust 23, 2020 at 09:00PM
https://www.wsj.com/articles/coronavirus-lifts-government-debt-to-wwii-levelscutting-it-wont-be-easy-11598191201
Coronavirus Lifts Government Debt to WWII Levels—Cutting It Won’t Be Easy - The Wall Street Journal
https://news.google.com/search?q=easy&hl=en-US&gl=US&ceid=US:en
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