..when you have this amount of global debt, Govts would have to offer higher yields for the papers they issue for market participants to want to participate.
US debt up $455B since September 26. Nearly half a trillion dollars in just 3 weeks.
CHINESE DEBT SIZE IS ABSOLUTELY MIND-BLOWING
China's debt-to-GDP ratio hit a MASSIVE 366% in Q1 2024, a new record. Since 2008, the ratio has more than DOUBLED. Breakdown: Non-Financial Corporates: 171% Government: 86% Households: 64% Financial Corporates: 45%
