General Stock Ideas

[ombowstring]

>>>IIF reported in July the amount of debt held in the world rose by $8 trillion during the first quarter of 2018, the largest margin in two years, hitting more than $247 trillion. That is 318% of the world’s gross domestic product, a level the organization’s managing director called “cause for concern.”<<<

And the unfortunate, inauspicious, calamitous thing about it is that this debt is not being repaid but simply rolled over into future debt. The proverbial can is being kicked down the road and it just keeps getting bigger and bigger.