Every second, someone in the world goes under debt. The clock is ticking..... And it has extended an all-time high of USD 86,000 per person. Most debt by US, Japan and China. The updated figure equals 225 percent of the global GDP of 2017.
Is this a big economic bubble? The figure accounts for more than half of the global average income per-capita. Debt levels around the world are at historical highs! The ensuing higher US interest rates could trigger a flight of funds, thus destabilising the economies.
#griffex