Is a global debt crisis coming? | CNBC Explains

Total worldwide debt is expected to continue growing over the coming months, despite having just climbed to a fresh all-time high. Given the three previous waves of global debt accumulation have all ended with financial crises, CNBC’s Sam Meredith takes a look at the risks associated with the latest build-up.

Read more:–iif-says.html

Subscribe to us on YouTube:

Subscribe to CNBC International TV on YouTube:

Like our Facebook page:

Follow us on Instagram:

Follow us on Twitter:

#CNBC #Debt #Economy

18 thoughts on “Is a global debt crisis coming? | CNBC Explains”

  1. 2022, the one behind the debt bubble should go to court, that bubble will explode soon we have to stop it earlier

  2. And for all the other countries you deserve it for doing business with the Americans

  3. Yeah soon the USA will stop reporting the actual economic and debt numbers(ignorance is bliss) this will allow the USA to INFECT other countries with debt and bring about the crash of world economy. . . There it is step by step enjoy American you deserve it

  4. You will soon be able to buy rolls of Notes for 50 cents the way cash is crashing.
    JP Morgan last century 'Only Gold is money, all else is debt!!

  5. Selfish People Can’t Produce Unselfish Solutions

    In Europe and elsewhere, governments are paying colossal sums to big corporations to help them avert bankruptcy. Whether they call it a “rescue package” or “quantitative easing,” in the end it’s all the same: the government pays companies to stay operative.
    I don’t think it will work in the long run. It may keep companies afloat for another six months or a year, but as a rule, a government, any government, cannot sustain companies that cannot sustain themselves. In the end, the situation will blow up in a blast that will be worse than what it would have happened had the government let them fall naturally.
    There is more to it than that. I don’t believe that a government can do anything good for its people. Civil servants, ministers, and deputy ministers always pull their own way and have their own interests in mind. Since everyone is inherently selfish, everyone has an ulterior motive that is not for the benefit of the public.
    We cannot expect selfish people to do unselfish acts; it is like asking a tiger to become vegetarian. If it goes against nature and it won’t work. Therefore, asking people whose only focus is their own career to focus on other people’s well-being is unwise, unrealistic, and will invariably fail.
    Socialists, capitalists, far right, or far left, they are all immersed in egoism. It is not their fault; it is human nature, and we should adjust our expectation from our leaders.
    If we want a real and lasting positive change, we must transform human nature. Since our nature is selfish to the core, changing it is the only way out of the crises that the world is falling into nowadays. We will fall deeper and deeper until we realize that the problem is not the fuel we burn, the forests we cut, the water we pollute, or the people we kill. The problem is the cause of all those harms we are inflicting on nature and on each other: our inherent self-absorption. When we start working on changing ourselves rather than demanding everything and everyone else to change, we might be able to save ourselves before it is too late!

  6. The SIMPLE but AWFUL TRUTH here is…we don't owe these $33K to Banks… we are living off Planet Earth on CREDIT. We eat, burn and transform Earth's ressources at breakneck speed…yet all we return is GARBAGE. Billions of tons of GARBAGE as repayment. This is NOT going to end well. We, as a race, are INSANE. Stupefied with consumeristic pleasures.

  7. For a look at the Post-Federal Reserve Era and a return to monetary sanity, check out my new novella, which takes a peek at the world in the year 2121. It is titled "WHAT WORLD IS THIS? A Tale of Hope for a World Mired in Debt and Delusion." — Diana McGinnis

  8. Creative society. Did you hear about this project?

    And did you see International Online Conference “Global Crisis. This Already Affects Everyone”
    It is totally worth doing right now.

  9. On July 24, 2021 online confetence "Global crisis. This already affects everyone" in more dan 72 languages of simultaneous interpretation. CREATIVE SOCIETU project.

  10. On July 24, 2021 online conference "GLOBAL CRISIS. THIS ALREADY AFFECTS EVERYONE" with translation to 60 languages. Join ALLATRAUNITES. COM

  11. Unfortunately, approaching world-wide economic collapse will bring about genocidal thermonuclear WW3. Please follow the latest news at "Countdown World News" page of RKK Book website. Humankind has been playing with nuclear fire since 1945, and the bottom line is, if we continue doing so, this fire will consume us one day. Now is the time to turn to God-given wisdom and make the only right step as it might be too late to do so tomorrow. We have responsibility to take a good care of our children and ensure they have a future.

Leave a Reply

Your email address will not be published.