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posted by cmn32480 on Friday January 06 2017, @11:12AM   Printer-friendly
from the lotsa-red-ink dept.

Global debt levels rose to more than 325 percent of the world's gross domestic product last year as government debt rose sharply, a report from the Institute for International Finance showed on Wednesday.

The IIF's report found that global debt had risen more than $11 trillion in the first nine months of 2016 to more than $217 trillion. The report also found that general government debt accounted for nearly half of the total increase.

Emerging market debt rose substantially, as government bond and syndicated loan issuance in 2016 grew to almost three times its 2015 level.

Source: Reuters


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  • (Score: 2) by maxwell demon on Friday January 06 2017, @02:21PM

    by maxwell demon (1608) on Friday January 06 2017, @02:21PM (#450213) Journal

    Basic income? Go with the times! Python income now!

    --
    The Tao of math: The numbers you can count are not the real numbers.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 0) by Anonymous Coward on Friday January 06 2017, @02:59PM

    by Anonymous Coward on Friday January 06 2017, @02:59PM (#450226)

    In my day we had K&R C income and we liked it.

  • (Score: 0) by Anonymous Coward on Friday January 06 2017, @07:53PM

    by Anonymous Coward on Friday January 06 2017, @07:53PM (#450377)

    I think we should try out Go income instead, I want to be able to shout "Go income go!" every time I buy something :P

    • (Score: 1, Funny) by Anonymous Coward on Friday January 06 2017, @09:50PM

      by Anonymous Coward on Friday January 06 2017, @09:50PM (#450467)

      I live in the Rust belt, you insensitive clod!

      • (Score: 0) by Anonymous Coward on Friday January 06 2017, @11:44PM

        by Anonymous Coward on Friday January 06 2017, @11:44PM (#450506)

        Must be a lazy bum if you can't afford to buy stuff, get a job ya bum! Back in my day you walked into a place with a smile and a handshake, hired on the spot. These lazy kids nowadays g'damn.