The International Monetary Fund (IMF) has projected that global public debt will approach 100% of global GDP by 2029, marking the highest level since 1948. This alarming forecast highlights the mounting debt burden faced by countries worldwide, raising concerns about the sustainability of current fiscal policies.
As trust in fiat currencies continues to wane amid rising debt levels, discussions around alternative financial hedges, such as Bitcoin, are gaining traction. The cryptocurrency, often touted as a store of value, is being considered by some as a potential safeguard against the instability of traditional financial systems.
IMF Projects Global Public Debt to Reach 100% of GDP by 2029
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