debt

It is a battle of wits for economists on either side of the divide to explain the debt situation in a way that is neither alarmist nor dismissive of the bulging debt portfolio. The debt stock which combines both domestic and external debts…

Governments are continuing to run up huge debt levels, with emerging countries helping push the total global IOU to 80 percent of gross domestic product. The worldwide tab through 2018 is now up to $66 trillion as measured in U.S.…