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Global debt balloons to all-time high of $164 trillion

By ethan / May 1, 2018

The world is now 12 percent of GDP deeper in debt than it was at the peak of the financial crisis in 2009, says the International Monetary Fund (IMF). China was described as a “driving force” behind the new debt levels. According to its Fiscal Monitor report, global debt is at a historical high, reaching […]

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