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Title : Global Debt Now Totals $246.5 Trillion
link : Global Debt Now Totals $246.5 Trillion
Global Debt Now Totals $246.5 Trillion
Axios: The global debt binge begins anew
The world's debt rose by $3 trillion in the first quarter of 2019 — an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion.
Why it matters: High levels of debt put countries in a vulnerable position in the event of a downturn and could endanger the world's economic recovery, said economists from the Institute of International Finance, which released the study today.
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WNU Editor: You know that this is not going to end well.
Axios:
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href="https://www.axios.com/global-debt-increase-q1-2019-92ef0a63-b86e-471d-84c8-588a719f3fc2.html">The global debt binge begins anew
The world's debt rose by $3 trillion in the first quarter of 2019 — an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion.
Why it matters: High levels of debt put countries in a vulnerable position in the event of a downturn and could endanger the world's economic recovery, said economists from the Institute of International Finance, which released the study today.
Read more ....
WNU Editor: You know that this is not going to end well.
The world's debt rose by $3 trillion in the first quarter of 2019 — an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion.
Why it matters: High levels of debt put countries in a vulnerable position in the event of a downturn and could endanger the world's economic recovery, said economists from the Institute of International Finance, which released the study today.
Read more ....
WNU Editor: You know that this is not going to end well.
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