Economy

High global debt sustainability remaining a concern The most recent update to our Global Debt Database shows that the global debt load decreased for the second year in a succession, albeit staying above its pre-pandemic high. Last year, the overall debt was 238 percent of the world’s gross domestic product, nine percentage points more than … Read more

1. The Giant Number: What is the U.S. National Debt? Let’s begin with the figure in the headline. The United States of America owes an astounding $33 trillion as of December 2023, according to the most recent tally. Yes, you heard right, Many people are left wondering how one nation could amass such an enormous … Read more