Worldwide Debt Explodes as China Grows

Posted on 05/18/2023

On the heels of SWFI’s news report on corporate debt reaching US$ 38 trillion, new information indicates that worldwide debt was sitting at US$ 304.9 trillion at the end of Q1 2023. That’s US$ 8.3 trillion more than it was at year end, 2022. Emerging market debt hit a high of US$ 100.7 trillion. This…

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