“The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates, according to the Bank for International Settlements. The $30 trillion increase from $70 trillion between mid-2007 and mid-2013 compares with a $3.86 trillion decline in the value of equities to $53.8 trillion in the same period. Borrowing has soared as central banks suppress benchmark interest rates to spur growth. Yields on all types of bonds average about 2 percent, down from more than 4.8 percent in 2007.”
Related posts:
N.S.A. Said to Search Content of Messages to and From U.S.
World’s largest pot shop can stay open in Oakland, judge rules
British scientists use urine to charge cell phone
New laws in 2014: From tanning bed bans to 'lemon pets'
French actress denounced for defending men's right to seduce women
Defense industry consultants advise Arab nations on crowd control products
Veteran civil rights leader: Snowden acted in tradition of civil disobedience
Inside the crypto bro fest that took over New York City
‘Yak insurance’ plan saving Nepal’s endangered snow leopard
BOND New York Real Estate Will Accept Bitcoins as Payment
Envelopes of cash being hidden around S.F.
Dementia Drugs Ineffective at Slowing Mental Decline
How a Fax Could Cost a Minnesota Business Owner $48 Million
Bundesbank Floats Wealth Levy Idea for Future Crises
Egypt’s interim authorities extend state of emergency