Is a global debt crisis looming? | Counting the Cost

Global debt has hit a record $307 trillion in 2023. That includes the amount of money owed by corporations, governments and individuals around the world. And it's equivalent to almost $40,000 for every single person on the planet. Multiple crises in recent years have worsened the problem - pushing countries to the brink. And that simply means some of the poorest countries in the world are servicing their debts, instead of providing for their people. So, who's to blame for the delay in debt relief efforts? Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile @AljazeeraEnglish #Aljazeeraenglish #News