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This headline is total global debt, which includes private sector debt. Many of the comments here are mistakenly assuming this is only government debt, which i
by PragmaticPulp 6y ago
This headline is total global debt, which includes private sector debt.
Many of the comments here are mistakenly assuming this is only government debt, which is incorrect.
The article mentions the government portion of debt further down:
> Government debt accounts for 105% of global GDP, up from 88% in 2019, rising by $12 trillion in 2020 or nearly triple its $4.3 trillion increase in 2019.