In this year’s first quarter, nations took on another $1.3 trillion in debt, pushing the worldwide total to $315 trillion, the Institute of International Finance (IIF) reported.
Tag: global debt
RICHEST COUNTRIES HITTING NEW DEBT RECORD
New borrowing among the world’s richest countries will reach a record $15.8 trillion this year, according to the 38-member Organization for Economic Cooperation and Development (OECD). The nations’ total debt will reach $56 trillion this year, up from $54 trillion in 2023, it projected.
DEBT BOMB READY TO EXPLODE
“We have a huge fiscal problem everywhere,” Tim Adams, CEO of the International Institute for Finance (IIF), said in a CNBC interview at the World Economic Forum earlier this month.
THE GLOBAL DEBT MARKET IS NOW FLASHING RED
Last week Bloomberg reported this: “The Bond Market Has Not Flashed a Warning Sign for This Long in Over Six Decades.”
ARE YOU READY? CENTRAL BANKS WILL VASTLY INFLATE FROM HERE
Being that not a single developed nation on Earth is going to implement any real cuts to spending, you can count on one thing happening, much higher global debt.
GLOBAL DEBT CRISIS. (YOU ARE IN ONE.)
There has been no other time in the history of the world where global debt has risen faster than it is rising today. Moreover, the big secret is this: no matter how much debt puppet governments pump into the system, via the REAL world government system which is world central banks, the amount of debt pulled into the system is never enough.
THE GLOBAL DEBT MARKET TIME BOMB IS CLOSE TO GOING OFF
Consider this. As you are beginning to read this article, global debt is surging higher. In fact, global debt has never been higher than it is today. But in the few minutes that it will take you to finish reading this article, global debt will have surged even more.