Watch for signs of the Big Debt Cycle materializing
🔒 Debt Spiral: When governments accumulate excessive debt, it becomes a burden on future generations
🚧 Unsustainable Path: Borrowing beyond means hinders investment in critical areas like education, infrastructure, and healthcare
📉 Economic Instability: Overburdened gov'ts face increased vulnerability to economic shocks, hampering their ability to recover and thrive during challenging times
💡 Fiscal Responsibility: It's crucial for gov'ts to balance borrowing with prudent financial management, ensuring sustainable growth and safeguarding the well-being of their citizens
Login to reply