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The IMF Sounds An Alarm As Global Debt Hits A Record $152 Trillion Or 225% Of World GDP

zerohedge.com / by Tyler Durden / Oct 5, 2016 3:13 PM

Another record for the history books.

In addition to reporting on the dangers facing global banks as a result of declining profits in the current low rate environment, today the IMF also released its latest Fiscal Monitor report which sounded a loud alarm when it revealed something disturbing: at 225 percent of world GDP, the global debt of the nonfinancial sector, comprising the general government, households, and nonfinancial firms, is currently at an all-time high of $152 trillion.

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