Global spending on the retail industry will diminish by $US549 billion in 2020, according to a forecast by analytics firm GlobalData. Retail spending in North America and Europe is expected to contract by 4.8% and 4.4%, according to the estimates. GlobalData also anticipates global debt to surge significantly in the […]
Global debt has risen to high levels with US government debt reaching a record $US22 trillion recently. Research suggests that the figures aren’t as bad as they were during the financial crisis, but could get worse. Deteriorating corporate credit quality and the impact already had by high debt levels on […]
Global debt is hovering near an all-time high at $US244 trillion, the Institute of International Finance said in a new report. The corporate sector has accounted for a third of global debt growth since 2016, placing the ratio of corporate debt to gross domestic product at a record high. In […]
Global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance. The IIF cautions that this record debt burden could keep global central banks from tightening monetary conditions in the coming months. Global debt soared to a record $US233 trillion in […]
Debt levels in the Asia-Pacific region continue to rise, but for the time being Asian economies are holding up well. According to HSBC analysts Frederic Neumann and Abanti Bhaumik, there’s a few reasons for that. The pair have run some numbers on regional debt levels in their weekly post on […]
Courtesy of CLSA, using data provided by McKinsey Global Institute, comes this amazing, and to some alarming, chart. It reveals the global stock of debt outstanding, breaking it down into financial, government, corporate and household liabilities. McKinsey estimate that aggregate global debt has grown by $57 trillion, from $142 trillion […]
Debt levels have been a subject of constant...
If you sell it, they will come.