camberiu
Registered
- Joined
- Mar 24, 2012
- Messages
- 3,880
- Likes
- 4,611
Kyle Bass did this great video interview and commented that global debt has jumped from 80 trillion dollars to 200 trillion dollars over the last 10 years. This is an equivalent of a 10% growth year over year. In comparison, during the same period, global population grew 1.25% year over year and global GDP grew 3% year over year.
No matter how you look at it, this is BAD. I strongly recommend everyone to watch the interview. Just follow the link bellow.
http://video.cnbc.com/gallery/?video=3000119228
No matter how you look at it, this is BAD. I strongly recommend everyone to watch the interview. Just follow the link bellow.
http://video.cnbc.com/gallery/?video=3000119228