Moody's Expresses Global Sovereign Debt Concerns As Populism Spreads
When Moody’s looks at an increasingly negative global sovereign debt picture and factors in the rise of political populism the result is concern. In a November 14 report titled “Negative Outlook As Low Growth, High Debt Limit Policy Options,” the firm’s credit analysts characterized their overall sovereign debt outlook as “negative,” noting only 9% with a positive outlook. During the campaign, US President-elect Donald Trump was fond of noting the significant level of sovereign debt, and issue that could come home to roost on his watch. Global Sovereign Debt Photo by Freeimages9 (Pixabay) US debt levels remain a concern but...
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