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Economy

Global debt surpasses $365 trillion as economists warn of unsustainable interest burden

Source Summary

Global debt has reached $365 trillion, with advanced economies now spending more on debt interest payments than the entire world invests in artificial intelligence, defense, or clean technology combined. Economists have raised concerns about a 'vicious cycle' created by rising interest burdens on government finances.

Why it matters

The scale of interest payments relative to global investment in critical areas signals a structural fiscal challenge that constrains governments' capacity to fund infrastructure, defense, and climate initiatives.

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