- Higher rates feed developed economy debt worries
- Huge spending needs, interest payments to keep debt high
- U.S., Italy, Britain most concerning
- Credible spending plans, tax hikes, higher growth needed
As global debt worries mount, is another crisis brewing? states a Reuters news source.
Global debt and impending crisisRecord debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears...