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Chart of the Day: Indebted world

According to data from the Bank of International Settlements, International Monetary Fund, compiled by McKinsey Global Institute as shared in the chart, the global debt has grown more than ever, faster than ever, despite…

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Chart of the Day: Indebted world
Chart courtesy - ANZ Research

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According to data from the Bank of International Settlements, International Monetary Fund, compiled by McKinsey Global Institute as shared in the chart, the global debt has grown more than ever, faster than ever, despite the political promise of balancing the budget.

Surprisingly, despite such indebtedness, interest rates remain very low along with inflation.

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