The US and UK may face a debt crisis in the future. i told about it DEA News Specialized RA Deputy Director General Nikolai Ivanov.
“So far, the risk of a debt crisis is low: most major countries have “long” debt, so the effects of rising rates are prolonged over time,” said the expert.
According to him, the UK is in the worst position where around 40% of the sovereign debt is placed on floating rates. The crisis there began last fall, with most mortgages in the kingdom “floating” as well.
Ivanov added that the US may also be at risk if the debt burden is “played” by relatively high inflation for a while.
At the end of 2022, the US national debt totaled $31.42 trillion. Britain’s national debt rose to $3.03 trillion at the end of last year, placing the country in fourth place on the list of the world’s largest debtors.
In July, Singapore and the United States appeared Leaders in terms of public debt per capita.
Previously, the Central Bank of the Russian Federation sharply raised up to 12% key rate in an unscheduled meeting.