Leta i den här bloggen


The Oil industry has issued $1.4 trillion of bonds and taken out a further $1.6 trillion in syndicated loans

driving up the combined energy debt threefold to $3 trillion in less than a decade.

The BIS calculates that debt in US dollars outside the United States has surged to $9.8 trillion, a fivefold rise since 2000 and an unprecedented level for the global monetary system as a whole.

The BIS estimates that 23pc of every dollar raised in bonds by emerging market companies has been diverted into the “carry trade”, stoking internal credit bubbles.


Ambrose Evans-Pritchard 5 Feb 2016

Inga kommentarer: