The New CS Board

[jumanji0881]

The DEBT -

https://www.zerohedge.com/news/2018-07-17/global-debt-time-bomb-surges-nearly-250000000000000


Excerpt:
- After falling marginally in recent years, global debt to GDP increased in Q1, 2018 and global growth is now slowing while global debt increases
- All major countries and every strata of society sees debt surge and massive consumer/ household, business, financial and government
- Important to consider the debt surge in context of GDP and since 2003, as a share of the world economy (GDP), the increase went from below 250% of GDP in 2003 to nearly 320% today
- Quarter Quadrillion in debt does not include massive global pension liabilities and other unfunded liabilities such as the U.S. social security, medicare and medicaid
- "Another financial crisis is coming, the question is when"