The latest global debt levels report has been released, and the figures contained in this report have many economists worried about the rate of increasing debt around the world.
In the year 2000, global debt was $87 trillion. As of 2015 global debt is more than $200 trillion (an increase of over 230%). Spain, Japan and China all have debt-to-GDP levels of 300% or more, while the United States’ debt-to-GDP ratio is 269%.
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