Soaring Global Debt Sets Stage For “Unprecedented Private Deleveraging”

The UK’s Telegraph just published an analysis of global debt that pretty much sums up the coming crisis. Here’s an excerpt with a couple of the more hair-raising charts: Global debt explodes at ‘eye-watering’ pace to hit £170 trillion Global debt has climbed at an “eye-watering” pace over the past decade, soaring to a fresh […]

The post Soaring Global Debt Sets Stage For “Unprecedented Private Deleveraging” appeared first on DollarCollapse.com.

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