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Zero Hedge: Visualizing The Snowball Of Government Debt
As we approach the second half of 2021, many countries around the world are beginning to relax their COVID-19 restrictions.
And while this signals a return to normalcy for much of the global economy, Visual Capitalist's Marcus Lu notes that there’s one subject that’s likely to remain controversial: government debt.
To see how each country is faring in the aftermath of an unprecedented global borrowing spree, this graphic from HowMuch.net visualizes debt-to-GDP ratios using April 2021 data from the International Monetary Fund (IMF).
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WNU Editor: For many of the major economies in the world their country's interest rates are near zero. Heaven help all of us if the central banks fail in keeping these rates at these low levels.
