World Economic Forum President Sounds Alarm on Global Debt Crisis

Borge Brende warns that global debt levels, nearing 100% of GDP, could usher in a decade of low growth similar to the 1970s.

Global debt ratios are approaching levels not seen since the Napoleonic Wars, raising concerns over economic stability.
Brende emphasizes the importance of avoiding trade wars to maintain global trade and prevent economic stagnation.
The International Monetary Fund projects global public debt could reach 100% of GDP by the end of the decade.
U.S. economic indicators show potential stagflation, with first-quarter GDP growth falling short of expectations.
High U.S. debt levels are increasing global interest rates and exacerbating economic fragilities.