Global Debt Will Shatter $100,000,000,000,000 This Year As Governments Prepare To Increase Spending, Warns IMF

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The International Monetary Fund (IMF) is sounding the alarm on skyrocketing levels of debt held by governments around the world.

In its newest Fiscal Monitor Report, the IMF says global debt is expected to surpass $100 trillion by the end of the year.

That’s up from $97 trillion a year ago, with the United States accounting for about half of the $3 trilli…