Friday, October 07, 2016

IMF Says Global Debt Has Hit
Record Levels - Could Have Dire Consequences
Article highlights how the IMF is reporting total global debt has hit a new record level of $152tn - risking the global economy .. "The amount is equivalent to two and a quarter times the size of the world economy, and is rising. 'The sheer size of debt could set the stage for an unprecedented private deleveraging process that could thwart the fragile economic recovery.' .. The global economy could be stuck in a cycle of low growth."
LINK HERE to the article
LINK HERE to read the full IMF Report

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