The world is on the cusp of a debt-driven economic downturn, warns Noel Quinn, CEO of HSBC. With post-Covid borrowing reaching alarming levels, major economies face imminent risks. Simultaneously, Wall Street bigwigs highlight potential geopolitical instabilities that might further destabilize the global economy. With the IMF and World Bank emphasizing the rapid increase in global debt levels, and signs of inflation biting hard in economies like Europe, what does this spell for the future of our global financial system?