The world has now racked up some $250 trillion in debt. David Morgan explains the significance of all this debt going forward…
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Post-Lehman: $250 Trillion in Debt And Counting | The Morgan Report’s Weekly Perspective | http://www.themorganreport.com
In many ways, all the talk about global central banks beginning a “great unwind” of their extraordinary monetary stimulus is positively quaint. After all, how can officials from the Federal Reserve to the Bank of Japan even pretend to know how to reverse what they’ve done over the past decade?