Why governments are 'addicted' to debt | FT Film

Why governments are 'addicted' to debt | FT Film
Transcript
Government borrowing is the biggest issue in finance today. Governments around the world are addicted to debt. The sovereign debt levels globally have just grown exponentially. In the case of the developed countries, the average ratio of public debt to GDP is now back to where it was in 1945. That's rather striking. It's politically impossible to s... Read More
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