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BSCN·2026-04-07 20:13
🚨 FINANCE: IMF WARNS GLOBAL PUBLIC DEBT APPROACHING WWII LEVELS AS ERA OF CHEAP BORROWING ENDSThe IMF published new data showing global public debt hit 93.9% of GDP in 2025 and is on track to breach 100% by 2028, a level not seen outside of World War II. Borrowing costs have doubled or tripled in a short span, with US net interest payments climbing from 2% of GDP pre-pandemic to 4.2% in 2025, surpassing defense spending.IMF Fiscal Affairs officials Era Dabla-Norris and Rodrigo Valdes wrote that governments ...