Search
Close this search box.
Search
Close this search box.

Soaring Government Debt: A Ticking Time Bomb for Global Financial Markets?

Published by Mark de Vries
Edited: 1 day ago
Published: July 1, 2024
03:08
Soaring Government Debt: A Ticking Time Bomb for Global Financial Markets?

Quick Read

C.

In closing, it is important to balance economic growth, social welfare, and long-term fiscal sustainability. While it is essential to pursue policies that promote economic growth, policymakers must also ensure that they are not compromising the long-term sustainability of their fiscal position. This requires a thoughtful and deliberate approach to managing government debt, one that prioritizes both economic growth and social welfare while ensuring that future generations are not burdened with unsustainable levels of debt. By taking a responsible and proactive approach to managing government debt, policymakers can help safeguard the stability of global financial markets while ensuring that their citizens enjoy a high standard of living now and into the future.

Quick Read

07/01/2024