For her CBC Massey Lectures in 2008, Canadian writer MargaretAtwood chose to talk about debt.
The text, written in the first half of the year, described howshe'd noticed a lot more ads on public transportation for debtrelief services. “Why are there so many of these ads? Is it becausethere are unprecedented numbers of people in debt? Very possibly,”she said.
Today, more than 10 years after the global debt-driven financialcrisis that Atwood intuited, angst remains. Central banks thatbought bonds and kept interest rates low to spur economic recoveryhave fueled record levels of corporate and governmentborrowing.
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