Let's take a look at this chart of government debts in the 30 largest economies.
Before us is a clear illustration of how debt burdens vary between countries. For example, Japan with a huge debt of 252.4% of GDP and Singapore with 162.1% look shocking. However, Singapore has a net zero debt due to prudent asset management.
And what about the USA, China, and the UK? They also have high figures — 122.2%, 83.6%, and 101.1% respectively. Such numbers indicate not only risks but also their influence on global markets.
The question is — how will these countries cope with debts in an unstable economy? Debt is accumulating, and it is important for traders and investors to consider this factor.
Your thoughts? How does this affect your investment strategies?