Proof The Bible Is True

12/14/18

“How much longer can these insane debt levels be increased before a massive financial collapse occurs? No one knows but when the collapse comes it will be colossal.”  Admin

 

Global debt hit a record $184 trillion last year, equivalent to more than $86,000 per person — more than double the average per-capita income.

Borrowing is led by the U.S., China, and Japan, the three biggest economies, the International Monetary Fund said Thursday, highlighting potential risks to global expansion given that their share of debt exceeds that of output. Overall, the amount of worldwide public and private debt is equal to about 225 percent of gross domestic product.

Read More: Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person – Patriot Rising