True Economics is about original economic ideas and analysis concerning everyday events, news, policy views and their impact on the markets and you.
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Saturday, August 24, 2019
23/8/19: Counting Trillions: The Unrelenting March of Debt
The never-ending march of leverage:
Between 2001 and 2008, Big 4 Non-Financial Sector Debt rose USD 30.04 trillion or 96.5 percent from trough to peak. Since 1Q 2009 financial crisis trough through 2Q 2019, the same is up USD 37.35 trillion or 62.7 percent.
This blog represents my personal views and is not reflective of the views or opinions held by any company, contractor, client or employer I work for currently or have worked for in the past. These views are not an endorsement to take any action in the markets or of any political position, figures or parties.
This blog represents my personal views and is not reflective of the views or opinions held by any company, contractor, client or employer I work for currently or have worked for in the past. These views are not an endorsement to take any action in the markets or of any political position, figures or parties.
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