Beware The Government Debt-To-GDP Ratio
A manager weighs banknotes on a scale at a bakery in Venezuela. (Photographer: Manaure Quintero/Bloomberg)

Beware The Government Debt-To-GDP Ratio

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Government debt levels around the world are rising fast as governments run up large budget deficits because of the pandemic-induced recession. In judging the level of government debt, and how much ...
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