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  "documentTitle": "Trend Compendium 2050 Six megatrends that will shape the world",
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      "text": "In the event of positive real interest rates, it will become more difficult to steer the countries' elevated debt levels in a sustainable manner.",
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      "text": "In recent years, long-term interest rates in industrialized countries... have been converging toward low or even negative levels. Adjusted for inflation, real long-term interest rates... were broadly negative. However, this has changed... due to soaring inflation rates. While real interest rates are still negative... analysts' long-term expectations indicate that real interest rates could again exceed the 0% threshold. In the event of positive real interest rates, it will become more difficult to steer the countries' elevated debt levels.",
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      "text": "1) Nominal 10-year bond yields deflated using 10-year inflation forecasts... 2) The calculation of real interest rates is derived from the Fisher equation... Sources: Consensus Economics; Federal Reserve Bank of St. Louis; Roland Berger",
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