Global debt hits record $307 trillion, debt ratios climb -IIF

[1/2] Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights

NEW YORK, Sept 19 (Reuters) – Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.