Defence and AI spending sends global debt to record $348tn

Market Intelligence Analysis

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Global debt has reached a record $348tn, driven by a $28.8tn increase largely attributed to government investment in defence and AI spending.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Last year’s $28.8tn increase was largely fuelled by government investment, according to the Institute of International Finance

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Original article published by Financial Times on February 25, 2026.
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