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IMF: Record-high Debt Slows Economic Growth, Worries Experts

Record high global debt is an obstacle to economic growth, makes a future financial crisis more likely, and leaves fewer resources to cope with economic troubles. The assessment came Wednesday from studies by the International Monetary Fund, which says global debt is now equal to 225 percent of the world's GDP. The figures include public and private obligations. Meantime, slow economic growth and the very low interest rates intended to speed up expansion are making it harder...

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