Rising interest costs drive global debt over $100 trillion

Global debt has passed $100 trillion, and governments and corporations are drowning in rising interest costs. The Organisation for Economic Co-operation and Development (OECD) confirmed the staggering number on Thursday, warning that borrowing is now more expensive than it has been in two decades. Interest payments have climbed to 3.3% of GDP across OECD member […] source: https://www.cryptopolitan.com/interest-drive-global-debt-over-100-trillion/