Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is "Foreign-Held" | Zero Hedge
It's a fairly long article, but an excellent report on global debt--who has issued it and who has bought it over the last five years. One frightening statistic that leaves those of us expecting debt collapse and deflation feeling like all our hole cards are aces: since the financial crisis, global debt has increased by 40 percent. We couldn't support $70 trillion then; we certainly can't afford $100 trillion now. See the straightlinelogic.com archive for more analyses of debt and the global economy.