Global Debt To Hit All Time High $255 Trillion, 330% Of World GDP, by Tyler Durden

$255 trillion is just the stated, nominal debt, and doesn’t include unfunded liabilities, contingent liabilities, or derivatives. From Tyler Durden at zerohedge.com:

There are three certainties in life: death, taxes and that global debt will keep rising in perpetuity.

Addressing the third, yesterday the Institute of International Finance reported that global debt has now hit $250 trillion and is expected to hit a record $255 trillion at the end of 2019, up $12 trillion from $243 trillion at the end of 2018, and nearly $32,500 for each of the 7.7 billion people on planet.

“With few signs of slowdown in the pace of debt accumulation, we estimate that global debt will surpass $255 trillion this year,” the IIF said in the report.

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One response to “Global Debt To Hit All Time High $255 Trillion, 330% Of World GDP, by Tyler Durden

  1. Pingback: Global Debt To Hit All Time High $255 Trillion, 330% Of World GDP, by Tyler Durden — STRAIGHT LINE LOGIC – uwerolandgross

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