Global Debt Hits A New High Of $315 Trillion The global debt stock hit a new record in the first quarter of 2024, increasing by $1.3 trillion in just three months. This deluge in borrowing is a widespread trend across economies. While the U.S. and Japan were the largest contributors across advanced economies, China, India, and Mexico drove the largest share in emerging markets. Overall, the global debt-to-GDP ratio reached 333% as higher debt servicing costs and growing debt burdens continue piling up. This graphic, via Visual Capitalist’s Dorothy Neufeld, shows the stock of global debt in 2024, based on… — Continue at ZeroHedge News : Read More
