Economics

World Faces Fiscal Problems Much Worse Than Those From Covid, OECD Warns

Guggenheim's Minerd Says Central Banks Have No Exit Plan

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By William Horobin

October 19, 2021 at 9:00 AM UTC

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The Covid-19 pandemic may have bloated public debt to levels already pushing some governments to consider consolidation, but that’s nothing compared to the fiscal difficulties brewing in the coming decades, the OECD said.