We're Racing Toward a "Global Debt Bomb" – Here's How to Survive It
November 28, 2018 at 13:34 PM EST
It may sound like hyperbole, but the looming global debt crisis can not be taken lightly. After years of insanely low interest rates around the world, companies and governments issued debt like it was going out of style. And it just may. In the last 15 years, worldwide debt has more than doubled, up by nearly $150 trillion. And the Institute of International Finance warned this past July that global debt rose the most in two years, by $8 trillion in the first quarter of this year, reaching an astounding $247 trillion. That number represents a staggering 318% of global GDP. However, with the one investment we'll show you today, you'll be able to protect yourself (and even profit) when the debt bomb finally strikes... Tags: global debt To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post We're Racing Toward a "Global Debt Bomb" – Here's How to Survive It appeared first on Money Morning - We Make Investing Profitable .