“Government debt/GDP ratios will rise by around 19 percentage points, nearly twice as much as in 2009 during the GFC (Global Financial Crisis) … the rise in debt burdens will be more immediate and pervasive, reflecting the acuteness and breadth of the shock posed by the coronavirus.”, Moody’s



https://www.reuters.com/article/global-markets/global-markets-european-stocks-hit-by-rising-coronavirus-cases-idUSL8N2DZ1BM



image source: https://www.usdebtclock.org/

3 thoughts on ““Government debt/GDP ratios will rise by around 19 percentage points, nearly twice as much as in 2009 during the GFC (Global Financial Crisis) … the rise in debt burdens will be more immediate and pervasive, reflecting the acuteness and breadth of the shock posed by the coronavirus.”, Moody’s

Leave a Reply

%d bloggers like this: