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Coronavirus outbreak: Commentary

Pandemic threatens to set off financial contagion in a world mired in debt

Signs of debt stress multiplying in industries impacted by the coronavirus

Traders on the floor of the New York Stock Exchange. The level of debt in the US corporate sector is 75 per cent of the country's gross domestic product, breaking the previous record set in 2008. PHOTO: AGENCE FRANCE-PRESSE

Ruchir Sharma

Updated

Published

Mar 18, 2020, 05:00 AM

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