Kevin McCarthy emphasized that the global sovereign debt crisis is approaching a tipping point, particularly due to unchecked government spending and rising interest rates. Speaking at the AIM Summit Dubai, he warned that both developed and emerging markets are at risk of default unless responsible fiscal policies are adopted. McCarthy advocated for transparency and long-term financia... https://www.gulfanalytica.com/key-insights-from-kevin-mccarthy-on-global-sovereign-debt-political-polarization-and-emerging-market-trends-at-aim-summit-dubai