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In the wake of the coronavirus pandemic, governments across the world rushed to support companies and citizens, pushing global debt to unprecedented levels. By the end of last year, global debt reached an all-time high of $281 trillion (USD) or more than 355% of global GDP, according to the Institute of International Finance. With the global debt tsunami upon us, deficit debate has heated up among politicians and pundits alike, but this time, inflation has replaced debt as the primary concern, which augurs well for the Modern Monetary Theory (MMT).
click here to read the article
Host - Aishwarya Singh
Editor - Kishore Veekay
By VCBayIn the wake of the coronavirus pandemic, governments across the world rushed to support companies and citizens, pushing global debt to unprecedented levels. By the end of last year, global debt reached an all-time high of $281 trillion (USD) or more than 355% of global GDP, according to the Institute of International Finance. With the global debt tsunami upon us, deficit debate has heated up among politicians and pundits alike, but this time, inflation has replaced debt as the primary concern, which augurs well for the Modern Monetary Theory (MMT).
click here to read the article
Host - Aishwarya Singh
Editor - Kishore Veekay