[Post 1152] Global borrowing is hitting historic highs – but how much debt is too much?

Summary

Governments are borrowing more than ever, but economists say the real question is not how much debt exists, but how it is spent and whether countries can manage it as interest costs rise. CNA’s Loke Wei Sue takes an in-depth look into the issue, examining whether mounting debt is sustainable and why the risks may be building quietly rather than erupting into an immediate crisis.