By Kayla Zhu – Visual Capitalist
Global debt remains a topic of concern for economists and policymakers alike, particularly as economies around the world grapple with the aftermath of the COVID-19 pandemic.
As a whole, debt can be a valuable tool for financing investments, stimulating economic activity, and achieving long-term goals. However, excessive debt can lead to financial instability, reduced flexibility, and increased vulnerability to economic downturns.
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