Spending Tomorrow’s Resources

Spending Tomorrow’s Resources

OECD sounds alarm about refinancing global government debt

Rising government debt levels, especially in major rich countries including the US, are seen (rightly) as a threat to future prosperity, particularly in the context of aging demographics. But meanwhile, buoyant stock markets, Japan excepted, are at least in part driven by expectation of lower, or at least stable, interest rates.

However, as a just releas…

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