The United States, Europe, China, Japan... The world's largest economies have increased their public debt burdens by an average of 25% over the past year. To fight the COVID-19 crisis, China has borrowed up to 50% of its GDP and the United States has become as indebted as it was back in World War II.
Professors Jordi...
Can We Emerge From Our Current Debt Trap?
Eurasia Review
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