By Simon Black via Sovereign Man
We write a lot about global debt levels at Sovereign Man.
In fact, the very first Notes from the Field I ever wrote, in June 2009, was about how broke the US was… and the severe consequences that eventually face a nation that recklessly spends money it doesn’t have.
And debt has been a major theme in this publication ever since.
As you know, since the Great Financial Crisis in 2008, debt levels have only gotten worse. But not just for governments.
Sovereign debt, corporate debt and consumer debt are all at all-time highs.
Read the rest:
https://www.sovereignman.com/trends/...-levels-24472/