The Debt Reckoning: Why Soaring Government Debt Is Becoming a Global Economic Turning Point
For years, government debt has been treated as something flexible—an economic tool that could be stretched in times of crisis and gradually managed over time. From the global financial crisis to the COVID-19 pandemic, borrowing surged as governments stepped in to stabilize economies, protect jobs, and sustain growth. And for a while, it worked. Now, […]