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Number of countries (including the U.S. and China) whose total debt

was more than three times greater than the size of their economies,

mid-1990s: None

 

Number of countries (including the U.S. and China) whose total debt

is more than three times greater than the size of their economies,

now: 25

 

(Source: “Ten economic trends that could define 2022,” by Ruchir Sharma, Financial Times, January 3, 2022, https://www.ft.com/content/432d78ee-6163-402e-8950-d961b4b1312b)