Global Debt Interest Costs Surpass Defense Spending; US Fiscal Path Raises Systemic Risk

A Financial Times compilation cited by Dagens Industri shows global public debt interest payments now exceed defense spending in the US, France, and the UK, signaling a structural fiscal shift. The piece warns that a US debt crisis would have spillover effects on Sweden and other economies. The claim is based on aggregated data and editorial analysis, not a specific new event.