Earlier this year, the Institute of International Finance warned that global debt growth has reached an “eye-watering” pace over the past decade and hit an all-time high of $215 trillion last year. The IIF said total debt levels, including household, government and corporate debt, climbed by more than $70 trillion over the last ten years to a record high of $215 trillion in 2016 – or the equivalent of 325%of global gross domestic product. [reits] Wage Inflation Signs Are The Last Part Of Goldilocks Scenario Most of the growth, the report warned, was driven by a “spectacular rise” in emerging markets,…
Moody’s On Global Economy: So Much Debt, Yet So Little Growth
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk