Financial, market and economic news

Global debt to jump US$20tn in 2020, NZ among biggest (relative) binge borrowers

After a record-breaking four-year run of borrowing the world is on track to grow debt levels by another 30 per cent by the end of this decade, according to a new Institute of International Finance (IIF) analysis. The IIF report says global debt grew by US$52 trillion since 2016 in an “unprecedented” splurge of borrowing… [Read More…]

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