- Debt levels are the key driver of economic growth in developed countries. So keep an eye on debt.
- The velocity of money, household debt, car loans and sales aren’t telling a good story.
- Globally, the situation isn’t much better. However, there are a few exceptions.
In today’s article, I’ll analyze the current global debt environment.
Debt is an economic factor that is unwatched as long as things are going well but as soon at things turn south, everyone will be screaming about a debt crisis and the end of the financial world as we know it.
Given this, it’s extremely important to know what is going on, how sustainable the current debt levels are, what the impact of debt on the economy is, how to position your portfolio, and perhaps even how to take advantage of potential black swans arising from future debt instabilities. More →