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S&P: The debt levels of the United States, France, and other countries are unlikely to stabilize in the next three years.
Golden Ten data, July 3rd news, credit rating giant S&P Global released a report stating that the upward trend of debt levels in the United States, France, and other major economies will be difficult to contain in the short term. The report points out that to stabilize the debt levels of the United States, Italy, and France, these three countries need to achieve a basic balance improvement of more than 2% of their respective GDP. However, given the current fiscal situation, S&P Global believes that the likelihood of this situation occurring in the next three years is low.