According to the latest IIF Global Debt Monitor released today, debt around the globe hit $246 trillion in Q1 2019, rising by $3 trillion in the quarter, and outpacing the rate of growth of the global economy as total debt/GDP rose to 320%. This was the second-highest dollar number on record after the first three months of 2018, though debt was higher in 2016 and 2017 as a share of world GDP. Total debt was broken down as follows: Households: 60% of GDP Non-financial corporates: 91% of GDP Government 87% of GDP Financial Corporations: 81% of GDP And while the developed world has some more to go before regaining the ... (full story)