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<blockquote data-quote="fantome" data-source="post: 1231235" data-attributes="member: 13596">Global debt hits all-time high of $184,000,000,000,000<a href="https://www.rt.com/business/446526-global-debt-hits-record/?fbclid=IwAR1iyhjuOV0iukDWQna0HU8t_pxh1htNqWGylxJTpBX84mh5ijOxD9f_gHM" target="_blank">https://www.rt.com/business/446526-global-debt-hits-record/?fbclid=IwAR1iyhjuOV0iukDWQna0HU8t_pxh1htNqWGylxJTpBX84mh5ijOxD9f_gHM</a>&quot;The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt.That’s the equivalent of 225 percent of the world GDP in 2017.&quot;It would be good to know in the current scenario what happens statistically if the FED raises interest rates. A projection on which companies according to their own data are set to fail payments if same conditions are mantained. Same for governments. Bill Gross said when the interest rate is above GDP a recession is inevitable. But even before there must exist an indicator of the burden interest rates will have on companies, government and people. I will look for it. If I find it will post it here. As conclusion there´s always valid arguments for recessions. But that doesn´t mean they happen. It normally takes time for a reality to set in. How much time? trillion dollar question.</blockquote>

[QUOTE="fantome, post: 1231235, member: 13596"] Global debt hits all-time high of $184,000,000,000,000 [URL]https://www.rt.com/business/446526-global-debt-hits-record/?fbclid=IwAR1iyhjuOV0iukDWQna0HU8t_pxh1htNqWGylxJTpBX84mh5ijOxD9f_gHM[/URL] "The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt. That’s the equivalent of 225 percent of the world GDP in 2017." It would be good to know in the current scenario what happens statistically if the FED raises interest rates. A projection on which companies according to their own data are set to fail payments if same conditions are mantained. Same for governments. Bill Gross said when the interest rate is above GDP a recession is inevitable. But even before there must exist an indicator of the burden interest rates will have on companies, government and people. I will look for it. If I find it will post it here. As conclusion there´s always valid arguments for recessions. But that doesn´t mean they happen. It normally takes time for a reality to set in. How much time? trillion dollar question. [/QUOTE]

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