Could soaring global debt trigger the next financial crisis?

The International Monetary Fund (IMF) has raised concerns that global public debt may surpass 100% of GDP by the end of the decade, which could potentially trigger the next financial crisis. This situation is alarming as it indicates that countries are borrowing more than they can sustain, leading to economic instability. Understanding the implications of rising debt levels is crucial for policymakers and citizens alike, as it could affect economic growth, public services, and overall financial health.