Overview

• 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.