Historical Debt

Posted: October 6, 2016 in Money Matters
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“Speaking of debt, the International Monetary Fund (“IMF”) reported yesterday that total nonfinancial-sector debt has ballooned to $152 trillion worldwide.  This is the most in history.  The IMF says global debt-to-GDP has also soared to an all-time high of 225%, up from 200% just 14 years ago.” -Justin Brill

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