BIS frets about an inexorable increase in global debt level Tett
217 per cent of gross domestic product, up from 179 per cent a decade ago. This partly reflects government borrowing.
However, corporate leverage has also exploded, particularly among western high-risk borrowers and emerging markets companies, most notably in China.
However, corporate leverage has also exploded, particularly among western high-risk borrowers and emerging markets companies, most notably in China.
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