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  2. Global debt - Wikipedia

    en.wikipedia.org/wiki/Global_debt

    Global debt. Global debt refers to the total amount of money owed by all sectors, including governments, businesses, and households worldwide. [1] As of 2022, global debt was the equivalent of 305 trillion USD. This including debt by both public and private debtors. [2] The total external debt owed by public and private debtors to creditors in ...

  3. List of sovereign debt crises - Wikipedia

    en.wikipedia.org/wiki/List_of_sovereign_debt_crises

    The list of sovereign debt crises involves the inability of independent countries to meet its liabilities as they become due. These include: A sovereign default, where a government suspends debt repayments. A debt restructuring plan, where the government agrees with other countries, or unilaterally reduces its debt repayments.

  4. The UN says global public debt hit a record $97 trillion in ...

    www.aol.com/news/un-says-global-public-debt...

    Global public debt rose to a record $97 trillion last year, the United Nations reported Tuesday, with developing countries owing roughly one-third of that — crimping their ability to pay for ...

  5. Great Reset - Wikipedia

    en.wikipedia.org/wiki/Great_Reset

    The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. [1] The project was launched in June 2020, and a video featuring the then-Prince of Wales Charles was released to mark its launch. [2] The initiative's stated aim is to facilitate rebuilding from the global ...

  6. Global debt has grown to $315 trillion this year - AOL

    www.aol.com/news/global-debt-grown-315-trillion...

    The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been the biggest, fastest and most wide-ranging rise in ...

  7. 2007–2008 financial crisis - Wikipedia

    en.wikipedia.org/wiki/2007–2008_financial_crisis

    The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [ 1 ] excessive risk-taking by global financial institutions, [ 2 ] a continuous buildup of toxic assets within ...

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