IIMF chart showing the increase in public debt as a percent of GDP in several advanced economies.

#IMF: in 2020, faced with the worst #economic #collapse since the Great Depression, #governments began to borrow extensively. #Advancedeconomy #debt jumped by tens of percentage points of GDP; in some countries it exceeded 120 percent
#governmentdebt #publicdebt #governmetborrowing

Donald Trump’s War with Jerome Powell and the Fed Is Far from Over The President’s campaign to bend the independent central bank to his will is straight out of the playbook of populist strongmen and will likely go on for years.

“I do not think we can rule out the possibility of the #market starting to price the #U.S. like an #emergingmarket,” rather than a #stable, #advancedeconomy, Demiralp said. “To some extent, it is happening already.” www.newyorker.com/news/the-fin...

Canada should invest in its research talent pipeline, Canadian Institute for Advanced Research president says Stephen Toope says Canada isn’t funding its own research at a high enough level

“Are we actually funding our #research at the level that is necessary for a country with an #advancedeconomy? I’m sad to say, I think the answer is no.” #Canada #CIFAR www.theglobeandmail.com/canada/educa...