Moody’s On Global Economy: So Much Debt, Yet So Little GrowthRupert Hargreaves
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.
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