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    A Global Debt Crisis Is Looming

    Project Syndicate
    October 12, 2026
    via Project Syndicate

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    A Global Debt Crisis Is Looming

    After a decade of debt accumulation, higher interest rates and growing refinancing needs have left the global economy increasingly exposed to shocks. And now ongoing conflicts are driving up energy prices, fueling renewed inflationary pressures and revealing dangerous cracks in the existing debt arc

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