Debt Rush: Deficits are rising worldwide.

Debt Rush: Deficits are rising worldwide.

  Deficits in public budgets around the world are eroding. As the OECD reports, record debt levels in Europe, the US and Japan are expected in the coming years. Thus, the established economies see themselves in the vortex of a debt spiral, the end of which no one can foresee. Germany is still doing well in an international comparison, despite […]