“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:
What Venezuelan savers can teach everyone else
Swiss to Ban Big Cash Purchases to Curb Money Laundering
California family doctor forced into re-education under new vaccine mandate
With the stroke of a pen, 31 million more Americans have hypertension
Wichita officer who fired fatal shot in Dec. 'swatting' never saw a gun
U.S. military helicopter crashes in Japan’s Okinawa
Nineteen ICE agents call for dissolution of agency
Violence Rages in Baltimore Despite Governor O'Malley's New Gun Control Laws
A Motel-Sized Victory for Privacy at the Supreme Court
U.S., Turkey to study Syria no-fly zone
Distrust of Americans spreads beyond Middle East
ECB unveils massive QE boost for eurozone
Obamacare for some: 49% price hike since 2014, premiums of $14,300
Iceland Brings In Experts to Help Lift Capital Controls
Colleges Lose Pricing Power