Central banks are bearing too much of the burden for sustaining growth, the IMF says. Policy chiefs must act before it's too late First it was the august Bank for International Settlements. Now it is the International Monetary Fund sending out a warning about global debt. For the first time, the IMF has had a comprehensive look at indebtedness and the numbers are huge. Global debt is estimated at $152tn, or about 225% of annual global output. Two-thirds of the debt - approximately $100tn is held...
Central banks are bearing too much of the burden for sustaining growth, the IMF says. Policy chiefs must act before it's too late First it was the august Bank for International Settlements. Now it is the International Monetary Fund sending out a warning about global debt. For the first time, the IMF has had a comprehensive look at indebtedness and the numbers are huge. Global debt is estimated at $152tn, or about 225% of annual global output. Two-thirds of the debt - approximately $100tn is held...
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