Global Debt Surges to Record Levels, Continuing Fraught Upward Trend

The debts of states, companies, and households continue to rise. Investors' carelessness could end if economic growth is further hampered.

RIO DE JANEIRO, BRAZIL - The international debt steeple continues to grow - with no end in sight for the time being. As data from the Institute of International Finance (IIF) show, global debt increased to a total of US$250.9 trillion in the first half of 2019.

This is a record figure and represents 320 percent of the world's gross domestic product (GDP). By the same time last year, it had been US$243.6 trillion. The ever-increasing debt threatens to hamper economic growth. This could also have negative consequences for investors.

Currently, however, investors do not seem . . .

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