In case you missed it… (We did!)
Jan. 21, 2020-Global debt rose by $3 trillion in 2018 to reach $188 trillion, according to data released late last month by the International Monetary Fund.
The data suggests many countries will be “ill-prepared” for the next economic downtown, an IMF blog post asserted.
Referencing the data in an interview today with CNBC, IMF chief Kristalina Georgieva said the low interest rates fueled higher risk investments, such as stocks. She added that loose monetary policies are responsible for a significant amount of global growth.
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