(The Guardian) The world is at least $10tn in debt, so why can we still borrow so easily?
theguardian.com/business/2020/feb/23/borrowing-remarkably-easy-world-carrying-trillions-debt-oecd In 2010, in the wake of the global banking crisis, 34 of the world’s richest nations – those that belong to the Organisation for Economic Cooperation & Development (OECD) – ramped up their borrowing to $10.9 trillion. In 2019, the OECD revealed last week, those same governments took their borrowing to a fresh high … Continue reading (The Guardian) The world is at least $10tn in debt, so why can we still borrow so easily?
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