Economics
Debt: The Runaway Horse — When Borrowing Becomes the Economy's Greatest Threat
Debt is the fuel that powers modern economies — you cannot buy a home, run a business, or fund a government without it. But when debt slips out of control, it becomes a runaway horse: powerful, fast, and utterly destructive. America carries $34 trillion in national debt, China's total debt sits near 300% of GDP, and Bangladesh's banking non-performing loans stand at 9.4% — debt is galloping everywhere. This article unpacks what debt really is, how it works, when it turns dangerous, and why it remains the single most powerful — and most perilous — force in the global economy.
Mar 28, 2026
