The New CS Board

[jumanji0881]

Debt does matter -
As interest rates hit bottom, debt does matter, says Barclays : https://www.kitco.com/news/2021-05-25/As-interest-rates-hit-bottom-debt-does-matter-says-Barclays.html

Excerpts:
With global borrowing costs probably as low as they can go, high debt levels will start to matter more in coming years, a Barclays study found, highlighting Brazil as the country at greatest risk of a hit to growth and debt sustainability.

Barclays' annual Equity Gilt study, released on Tuesday, contradicts the debt-doesn't-matter thesis, championed by several high-profile economists, prescribing countries should spend big to lift economies from the COVID-19 funk -- a reversal of the long-held wisdom that high indebtedness is risky.

Ratings agency Fitch forecasts global government debt will reach $95 trillion by 2022, a record 40% increase in nominal terms compared with the pre-COVID-19 level of 2019.

Meanwhile, total global debt stood at $289 trillion at the end of the first quarter, the Institute of International Finance said in a report earlier in May.