As RINOs and the left bleat for more "free stuff"!-----Government Debt and Deficits Are Now a Global Problem - Bloomberg

Amid all these challenges, policymakers must pay particular attention to one more: Following years of neglect, public debt has emerged as an increasingly serious risk. - |The Editorial Board
Five years ago, budget deficits soared worldwide because of the pandemic...

• Before the pandemic, government debt was 84% of global gross domestic product. 
• It currently stands at 95%. 

In country after country — including the US, the UK and most of the European Union — it’s on track to keep growing faster than output. 

By 2030, even if all goes well, the global debt ratio might surpass the level it surged to in 2020, when the fiscal emergency was at its worst...