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

These charts show the astonishing rise in debt levels around the world

The world has never been as indebted as it is right now. According to data released by the Institute of International Finance (IIF) earlier this year, global levels of debt held by households, governments, financials and non-financial corporates jumped by over $US70 trillion in the past decade to a record […]
These charts show the astonishing rise in debt levels around the world