Birdwatch Note Rating
2023-07-15 21:00:42 UTC - HELPFUL
Rated by Participant: B55448CE12BE1FDDE0051BF8ABFFDD146DE87B5D451C10818B5E7DD7E01F1F16
Participant Details
Original Note:
Misleading, central banks and other gov orgs have bailed out institutions way before 1950s - for instance Panic of 1792, Panic of 1873, and Panic of 1893. This debt is mostly likely caused by emergence of third world countries economies with GDP skyrocketing https://www.imf.org/en/Blogs/Articles/2022/12/12/riding-the-global-debt-rollercoaster#:~:text=Three%20main%20drivers%20explain%20these,to%2DGDP%20ratios%20in%202020. https://www.eiu.com/n/emerging-markets-will-the-economic-catch-up-continue/ https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/
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