Government debt levels are rising globally - with many at risk of permanent structural deficits if they can't bring down interest bills each year.
Cutting spending and increasing taxes is an unpopular concept among voters, so experts are wondering what the next steps could be.
Milford Asset Management's Jeremy Hutton explains further.
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Enda Brady: UK correspondent on Donald Trump claiming he's 'not happy' with the UK's response to Middle East conflict
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Paul Bloxham: HSBC chief economist on the RBA increasing the OCR for the second month in a row
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Jamie Mackay: The Country host on the impacts of the Middle East conflict on the dairy sector
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