Tag Archives: world

The world and debt

The International monetary Fund said the world debt is $152 trillion. It said that new research in its half-yearly fiscal monitor covering 113 countries had shown that debt was currently 225% of global GDP, with the private sector responsible for … Continue reading

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Is July 2015 when Greece defaults?

We are reminds of the eerie parallels from 1997. Who benefits? Russia will be hit exceptionally hard in a world downdraft of the currencies. Spain and Italy are also weak. Perhaps the Ukraine chip will be called for financial strength. … Continue reading

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