"There is a debt problem," as the Organisation for Economic Cooperation and Development (OECD) has forecasted a significant increase in government borrowing among its member countries, expecting it to reach a record $15.8 trillion this year. This rise is attributed to the tightening of financial conditions globally. Furthermore, the OECD anticipates the total bond debt across its governments to surge to $56 trillion in 2024. This development is part of a broader concern about the destructive growth of debt levels worldwide.
Rich countries set for record $15.8tn of debt sales, says OECD https://t.co/VjuftjBa9B
⚠️ OECD SEES TOTAL BOND DEBT TO RISE IN 2024 ON TIGHTENING FINANCIAL CONDITIONS Full Story → https://t.co/zhkNO7BtSQ The Organisation for Economic Cooperation and Development (OECD) said on Thursday it expects its governments' total bond debt to rise to $56 trillion this year…
On global debt levels https://t.co/0g0m0lMdhN
OECD Government Borrowing Expected to Rise to Record $15.8 Trillion This Year. @WSJ https://t.co/zYJuT8Jdcq
The Destructive Growth of Debt https://t.co/U01HNe3luR
"There is a debt problem" https://t.co/iVMztBVesg