Total World Debt hits record high in Q3-2017

Dear PGM Capital blog readers, On Thursday January 4, 2018, the¬†Institute of International Finance (IIF) said that global debt rose to a record US$233 trillion in the third quarter of 2017, more than US$16 trillion higher from end-2016. INTRODUCTION: According with figures of the Washington DC-based financial industry body, “The Institute of International Finance” which[…]