Global Debt Hits Trillions; Expats Wonder If It’ll Affect Their Mezcal.
Fitch analysts predict developed market debt will skyrocket to an unprecedented $75.8 trillion by 2026. Meanwhile, on the sun-drenched beaches of Baja, local foreign residents remained largely unconcerned. The financial jargon barely registered above the sound of crashing waves and ice clinking in margaritas. Who needs a stable global economy when your capital gains are already untaxed and your biggest worry is finding good fish tacos?