Monday, January 26, 2026

Addicted to Public Debt

Record Debt in the World’s Richest Nations Threatens Global Growth
https://www.nytimes.com/2026/01/27/business/economy/government-debt-bonds.html
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.


The World Economy Is Hooked on Government Debt
https://www.wsj.com/economy/global/the-world-economy-is-hooked-on-government-debt-71491482
Rearmament, an aging population, technological change and fear of voters are fueling a risky trend.

Related:
Investors beware: Fiscal dominance and financial repression ahead by VIVEKANAND JAYAKUMAR, The Hill - 07/13/25
https://thehill.com/opinion/finance/5397963-fed-keeping-rates-low-trump-administration/