Business News Small Business The Debt Tsunami That’s About To Hit The World Hiroshi Watanabe/Getty Images The great lockdown needed to contain the Covid-19 outbreak has been economically devastating. The longer the lockdown, the worse the damage. In response, governments have thrown fiscal caution to the wind and increased spending at unprecedented levels, either to help businesses keep workers on the payroll, as in Europe, or to directly […] Written by imesocial July 13, 2020July 13, 2020