US rate rise could trigger global debt crisis, watchdog warns

US rate rise could trigger global debt crisis, watchdog warns
It estimated that capital outflows from China reached US$ 109 billion in the first quarter, a foretaste of what may have happened in August after the dollar-peg was broken. Debt ratios have reached extreme levels across all major regions of the global …
Read more on New Zealand Herald

The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are about to see, there are 24 nations …
Read more on Center for Research on Globalization

35 Years Of Economic History Is Coming To An End, And A Global Debt Crisis
This is the beginning of the end of low interest rates. What does that mean for Canada’s heavily indebted consumers? If you’re old enough to have made a mortgage payment, say, a couple decades ago, then you likely remember a time when 8 per cent or …
Read more on Huffington Post Canada

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