Global Debt Hits $217 TRILLION; 325% Of The World’s GDP
Who will come to collect? Klingons?Global debt continues to skyrocket according to a report released today*from the Institute for International Finance. The IIF’s report found that global debt had risen more than $11 trillion in the first nine months of 2016 to more than $217 trillion.*The report indicated that Global debt levels rose to more than 325 percent of the world’s gross domestic product last year as government debt rose sharply.