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@RiseGS
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Ken Griffin, founder of US hedge fund Citadel, said the countryโs ballooning debt pile was a โgrowing concern that cannot be overlooked.โ
โWe must stop borrowing at the expense of future generations. The Western world urgently needs a significant increase in productivity growth as the burden of rising govt debt and entitlement spending strains almost every major economy,โ Griffin wrote in an annual letter to Citadelโs investors.
Global debt surged to a record high of $313 trillion last year, according to the Institute for International Finance โ US govt debt currently stands at around $34.5 trillion.
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Forwarded from ๐๐ ๐๐๐๐๐ ๐ผ๐ฉ๐๐๐ฅ๐๐ฅ๐๐ (_ScalpS_)
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๐ฉ78๐คฎ44๐ฅฑ14๐คท7๐คก5โค4๐ฆ2๐1
Till the last Ukrainian?
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@RiseGS
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#Bidenomics
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Japan has issued a tsunami alert for its southern islands.
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Rise of the Global South
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Rise of the Global South
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