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$255 Trillion Global Debt Bubble May Burst In 2020 – Prepare Now

 

Source: Bloomberg

◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs.

◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt.

This is almost three times global economic output and equates to about $32,500 for every man, woman and child on earth.

◆ “With central bank rates at their lowest levels and U.S. Treasuries at their richest valuations in 100 years, we appear to be close to bubble territory, but we don’t know how or when this bubble will burst…”

◆ The way out for a world economy hooked on debt is not more debt.

◆ Prepare now with physical gold coins and bars in fully segregated storage in Singapore and Zurich.

Global Debt on track to surpass $255 Trillion in 2019

Global Debt on track to surpass 5 Trillion in 2019

- Click to enlarge

Hong Kong Unrest Shows Importance Of Being Able To Easily Move & Take Delivery Of Gold Coins & Bars

 

Full story here
Mark O'Byrne
I founded GoldCore more than 10 years ago and it has been my passion and a huge part of my life ever since. I strongly believe that due to the significant macroeconomic and geopolitical risks of today, saving and investing a portion of one’s wealth in gold bullion is both wise and prudent.
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