As developed international locations proceed to rack up deficits, the large query looming over markets is, who will purchase the rising pile of sovereign debt?
Hossein Zaimi, international head of macro at Barclays, doesn’t have the reply, however he’s fairly certain the prevailing view in monetary and authorities circles is unsuitable.
“The sustainability of the debt in developed markets is an issue that should get solved by some means. No one is aware of how, but it surely must get solved,” says Zaimi, who oversees the charges
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