SPONSORED | In this podcast, PSGWealth CIO Adriaan Pask discusses why investors should be aware of the debt levels in SA and other countries around the world.
PSG Wealth’s chief investment officer, Adriaan Pask, discusses this global trend and compares SA’s debt levels with the rest of the worldLevels of government debt, both locally and globally, have steadily increased over the past decade, jumping substantially during the Covid-19 pandemic.Now that interest rates are increasing to combat higher inflation, the cost to cover these debts is also rising.
In this podcast, hosted by Mudiwa Gavaza, deputy editor of Business Day and Financial Mail, PSG Wealth’s chief investment officer, Adriaan Pask, explains why these debt levels are a concern for PSG Wealth and discusses the risks associated with debt.
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