The Global Debt Crisis: Implications for the UK, US, and Korea
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#7b8e26cc ver:1.02

The global debt crisis is reaching alarming levels, with public debt hitting a record $97 trillion in 2023. Developing countries account for one-third of this total, leading to high-interest payments that surpass essential public spending. The US has the highest public debt at $33 trillion, followed by China and Japan. The UK's debt has tripled since the 2008 financial crisis, reaching 100% of GDP. Korea also faces a significant debt challenge. It is crucial for governments to find sustainable solutions to manage and reduce public debt. #GlobalDebtCrisis #PublicDebt #EconomicStability...

#newstr #GlobalDebtCrisis #PublicDebt #UkEconomy #UsDebt #KoreanHouseholdDebt 

 https://here.news/story/7b8e26cc?ver=1.02