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Global debt hits $353 trillion as economic risks intensify
May 11, 2026
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The global economy is currently navigating a treacherous path, sustained by a fragile illusion that we can indefinitely borrow from the future to finance the present. The latest Global Debt Monitor report from the Institute of International Finance (IIF) serves as a stark awakening, revealing that total global debt has surged to a staggering record of 353 trillion dollars.
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