Certainly in the UK and Europe. The Leftist rulers know that trying to pay for both their migrant tsunami and their war in Ukraine is bankrupting them, but they try anyway.

In 1980 France’s debt-to-GDP ratio was 21%, now it’s 116%.

In 1980, the UK government debt-to-GDP ratio was 31%, now it’s 105%.

In Spain in 1980, Spain’s government debt-to-GDP ratio was at 17%, now it’s 103%.

In NZ debt to GDP is 43% presently, in Russia it is 19%.