The International Monetary Fund is sounding the alarm (IMF), considering that the American debt with the growth rate it shows, it will surpass the levels of both Italy and Greece, for the first time this century.
In particular, the IMF estimates that the US public debt will increase by over 20 percentage points by the end of the decade, reaching a record level of 143.5% of GDP. This is essentially the sharpest increase in the debt ratio among advanced economies.
At these levels, he will also surpass his previous record, which he had recorded during the pandemic.
“Italy and Greece have long been under the microscope of economists internationally for their fragile public finances. Both countries were at the center of the Eurozone public debt crisis of 2010-2012, with Greece in need of bailout and restructuring under the supervision of the IMF and the EU,” the Financial Times points out, estimating that public debt burdens in both European countries will be on a downward trajectory at the end of 2030 due to strict controls on deficits.