Discover and read the best of Twitter Threads about #globalfinancialcrisis

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"Unsustainable" -- April 12, 2019

Operation Disclosure…

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not be accurate. Other confirmed sources may also be included in this overview.)
The timing of Julian Assange's arrest after Attorney General (AG) Barr stated that there was spying on Trump is not a coincidence. #JulianAssange #AGBarr
Read 28 tweets
1/ A decade after the #globalfinancialcrisis, what’s changed? And what hasn’t? We recently surveyed the state of the global financial system: Take a quick tour with us in this #thread.
2/ After the #GreatRecession, many expected a wave of deleveraging. But it never came. The combined global debt of governments, nonfinancial corporations, and households is up by $72 trillion since the end of 2007.
3/ Consistent with history, a debt crisis that began in the private sector shifted to governments in the aftermath. From 2008 to mid-2017, global govt debt more than doubled. A line chart shows public debt rapidly increasing during 2008-2016. A bar chart shows debt-to-GDP ratio of private debt rising from 144 in 2000 to 164 in 2007 to 164 in 2017.
Read 16 tweets

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