Categories: NewsUncategorized

Global Debt Skyrockets To $315 Trillion – Mario Nawfal

 Global Debt Skyrockets To $315 Trillion

The world’s debt hit a jaw-dropping $315.1 trillion in early 2024, climbing $1.3 trillion in three months!

Debt now equals 333% of global GDP.

The U.S. and Japan led the borrowing frenzy in advanced economies, while China, India, and Mexico carried the torch for emerging markets.

Since the pandemic, global debt has ballooned by $54.1 trillion, up 21%.

Non-financial companies owe $94.1 trillion, governments $91.4 trillion, financial institutions $70.4 trillion, and households $59.1 trillion.

In the U.S., debt servicing costs now outpace defense spending, and guess what, there’s no plan to fix it…

Meanwhile, emerging markets face rising risks with $105 trillion in debt and sluggish recovery from 2019.

Source: visualcapitalist – Aug 2024

🔗SOURCE ➡️ Mario Nawfal

12/29 – Homelessness Hit Record High This Year Amid Affordable Housing Shortage

Follow ➡️ @PsyopDaily


View This Post on Mario Nawfal’s X / Twitter

TheMcgwire

Found of The Daily Psyop. Passionate about Foreign Policy. Have been actively involved in Independent Media since 2019.

Recent Posts

Its been almost a year since I made this meme. It just doesn’t stop

 Its been almost a year since I made this meme. It just doesn't stop The…

7 days ago

IDF Playbook:

 IDF Playbook: Israel bombs and Destroys Entire Neighborhoods Israel Bombs Hospitals, Schools, Churchs and Mosques,…

7 days ago

Israeli Journalist & Author Gideon Levy: “There is no Israeli-Palestinian conflict, there is a brutal israeli occupation which must come to an end…”

 Israeli Journalist & Author Gideon Levy: "There is no Israeli-Palestinian conflict, there is a brutal…

7 days ago

Israeli Opposition Leader Yair Lapid:

 Israeli Opposition Leader Yair Lapid: “If the international media is objective it serves Hamas. If…

7 days ago

This website uses cookies.