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Old October 6th, 2016 #1
News Bot
Post IMF reports record global debt at a troubling $152 trillion dollars

The IMF's fresh Fiscal Monitor report said the world was swimming in a record $152 trillion (135 trillion euros) in debt.

According to the document, global debt, both public and private, reached 225 percent of overall economic output in 2015, up from roughly 200 percent back in 2002.

The Fund warned that about two-thirds of the total was owed by private-sector borrowers, noting that rapid increases in private debt had often led to financial crises.

"Excessive private debt is a major headwind against the global recovery and a risk to financial stability," IMF Fiscal Affairs Director Vitor Gaspar told reporters in Washington.

The report emphasized that the US had deleveraged since the 2008-2009 financial crisis, while there'd been an alarming buildup of private debt in China and Brazil, fueled in part by a long period of low interest rates.

The findings came as IMF Managing Director Christine Lagarde was urging member governments with "some fiscal space" to boost persistently weak growth by borrowing and spending more.

That call was accompanied by demands to uphold central banks' accommodative monetary policies and accelerate structural reforms aimed at improving countries' economic efficiency.

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Old October 6th, 2016 #2
Senior Member
jaekel's Avatar
Join Date: Nov 2012
Posts: 3,213

So just cross it out and start over at a 0 balance.
Old October 7th, 2016 #3
Senior Member
Join Date: Aug 2005
Posts: 8,367
Default The kikes should be forced to pay off our debt

Of that 152 trillion the kwa has over 19.6 trillion (as of today) of that debt. But according to jewish economists this massive debt is not only good, it is necessary. Good for the jews that is.


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