Debt

[_V_]

COVID response drives $24 trillion surge in global debt: IIF | Reuters

LONDON (Reuters) - The COVID pandemic has added $24 trillion to the global debt mountain over the last year a new study has shown, leaving it at a record $281 trillion and the worldwide debt-to-GDP ratio at over 355%.

[ladymuck]

Hurray for debt!

At some point all those zeroes on the end just become meaningless and no-one would be worse off if they got crossed out.

[Paralytic]

Just transfer it to a 0% credit card. Simples.

[_V_]

Hurray for debt!

At some point all those zeroes on the end just become meaningless and no-one would be worse off if they got crossed out.

Except the % would be the same, which is the main issue.