...this is unsustainable.
...when it is this high, even a 2% default rate globally is a $6.5T pain for global financial system.
...one day, we will ask why we have allowed so much built-up debt, and the worse part is what it goes towards funding.
Global Debt jumps to an all-time high of $324 Trillion
https://x.com/Barchart/status/1921399157677256862
