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VRSS | All | IMF Warns About Soaring Global Government Debt |
October 16, 2025 12:40 PM |
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Feed: Slashdot Feed Link: https://slashdot.org/ --- Title: IMF Warns About Soaring Global Government Debt Link: https://news.slashdot.org/story/25/10/16/1716... The IMF has issued a stark warning over soaring global government debt, saying it is on track to exceed 100% of GDP by 2029. Semafor: Such a ratio would be the highest since 1948, when large economies were rebuilding post- war. Today, "there is little political appetite for belt-tightening," The Economist wrote: Rich nations are reluctant to raise taxes on their beleaguered electorates -- but they're facing pressure to spend more on defense, and on social services for aging populations. Higher long-term bond yields, meanwhile, suggest investor wariness over governments' balance sheets. In the short term, the debt concerns manifest in political disruption: France's budget fight recently toppled another government, while the US federal shutdown highlights the tension between new spending demands and deficit reduction. Read more of this story at Slashdot. --- VRSS v2.1.180528 |
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