Should we be worried about $226 trillion in global debt?

<p>From the BBC World Service: Governments around the world are going to have to find ways to tighten their financial belts following unprecedented pandemic spending. Global public and private debt rose to 256% of GDP, or $226 trillion in 2020 – the largest one-year debt surge after World War Two – according to the International Monetary Fund&#8217;s Global Debt Database. Ghana&#8217;s government is facing stiff resistance, including a brawl in parliament, to plans for an online transaction tax that could raise over $1 billion next year.</p>