Possible Global Debt Crisis?

Possible Global Debt Crisis?

“Debt ratios have reached extreme levels across all major regions of the global economy, leaving the financial system acutely vulnerable to monetary tightening by the US Federal Reserve, the world’s top financial watchdog has warned.” Experts warn the wild market ructions of recent weeks combined with capital outflows from China are warning signs that the massive build-up in credit is coming back to haunt.

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