As Inflation Eases Public Debt Load, Economists Sound Cautionary Note

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note

Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries—including Greece, Portugal and the U.K.—are on track to erase the additional debt raised to combat the Covid-19 pandemic as

China’s Slowdown to Limit Global Growth but Not Undermine World Economy

China’s Slowdown to Limit Global Growth but Not Undermine World Economy

After at first leading the world out of economic downturn in late 2020 and early 2021, Chinas economy has actually weakened significantly recently. Consumer-spending growth has been weak, weighed down by Chinas stringent “zero-Covid” social restrictions and dull household income development. However one potential silver lining of the downturn, financial experts say, could be a

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