Global sovereign debt now higher than post-WWII; IMF says situation is 'worrisome' - KEYE
Global sovereign debt now higher than post-WWII; IMF says situation is 'worrisome' - KEYE
Source: KEYE
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DW NOTE
The IMF calls 130% debt-to-GDP "worrisome" seven months into a Strait of Hormuz blockade that has cut global oil supply by 6%, pushed Brent to $97, and forced the Fed to raise rates into a supply shock. If sovereign debt was manageable when money was free and tankers moved, it isn't now that neither is true.