3 ms·
Global debt to GDP is at an all time high, though: httpss://www.axios.com/global-debt-gdp-898959ed-f96a-4c4d-85a3-5d3cc419631f.html Personal / corporate savin
by onlyrealcuzzo 5y ago
Global debt to GDP
is at an all time high, though: httpss://www.axios.com/global-debt-gdp-898959ed-f96a-4c4d-85a3-5d3cc419631f.html
Personal / corporate savings is a fraction of public debt.
This is why people think there's a "bubble". But you don't really have an "everything bubble" - that just means fiat money is worth less than you think it is.
It's a reverse bubble with your wages.
- eps 5y agoClickable - https://www.axios.com/global-debt-gdp-898959ed-f96a-4c4d-85a3-5d3cc419631f.html https://www.axios.com/global-debt-gdp-898959ed-f96a-4c4d-85a...