BIS Finds Global Debt May Be Underreported By $14 Trillion

Jon Economy

In its latest annual summary published at the end of June, the IIF found that total nominal global debt had risen to a new all time high of $217 trillion, or 327% of global GDP…

… largely as a result of an unprecedented increase in emerging market leverage.

This post was published at Zero Hedge on Sep 17, 2017.