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Thread: Black Monday

  1. #5401
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    Quote Originally Posted by JBmurc View Post
    World debt at $250 trillion is 3x global GDP – an all-time record. And if we add unfunded liabilities and derivatives, total debts and liabilities amount to over $2 quadrillion which is 25x global GDP.

    This is not going to end well.
    Wow that is a lot of debt over-hanging the world. The housing market in Australia with all those high-priced houses is already crumbling.

  2. #5402
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    Quote Originally Posted by JBmurc View Post
    World debt at $250 trillion is 3x global GDP – an all-time record. And if we add unfunded liabilities and derivatives, total debts and liabilities amount to over $2 quadrillion which is 25x global GDP. This is not going to end well.
    Be interested to know what's the source for this information? Can you post a link?

  3. #5403
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    Quote Originally Posted by Left field View Post
    Be interested to know what's the source for this information? Can you post a link?
    Try this :

    https://www.economist.com/content/global_debt_clock

  4. #5404
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    Quote Originally Posted by Balance View Post
    That webpage is so old the clock stopped in 2015 apparently....

  5. #5405
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    Quote Originally Posted by Aarrgghh View Post
    That webpage is so old the clock stopped in 2015 apparently....
    Haha - good catch!

    Try this one then :

    https://www.bloomberg.com/news/artic...-faster-growth

    (US$244 trillion)

  6. #5406
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    Quote Originally Posted by Left field View Post
    Be interested to know what's the source for this information? Can you post a link?
    https://talkmarkets.com/content/bond...=207760&page=2
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  7. #5407
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    sp500 just hitting new highs , see if we close at a new high
    one step ahead of the herd

  8. #5408
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    Quote Originally Posted by bull.... View Post
    sp500 just hitting new highs , see if we close at a new high
    Hope the speculators keep on speculating eh.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #5409
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    Quote Originally Posted by winner69 View Post
    Hope the speculators keep on speculating eh.
    be careful what you wish for .. shorters are speculators as well ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #5410
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    I'm keenly waiting to see where the market heads in May-June after reaching these lofty heights.

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