Markets

The world is swimming in $244 trillion of debt

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 […]
The world is swimming in $244 trillion of debt
Markets

The world is swimming in a record $233 trillion of debt

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 […]
The world is swimming in a record $233 trillion of debt
Markets

CHART: Global indebtedness has grown sharply

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 […]
CHART: Global indebtedness has grown sharply