According to a report, the debt has reached the record level on the world.
The whole world is sitting on the gunpowder of debt. If this debt is distributed equally to every person in the world, then you have to pay 36 lakh rupees. Recently a quarterly report has been released. According to this report, at the end of the second quarter, the global debt reached 337.7 trillion dollars i.e. 30 thousand lakh crore rupees. According to the report, these debt has increased from improving global financial condition, softening of US dollars and cutting interest rates from all central banks of the world. Let us also tell you what kind of information has been given in the report in the report.
How much is the debt of the world?
According to the report of the Institute of International Finance, the global date in the first half of the year increased by more than $ 21 trillion to $ 337.7 trillion. If you look at it in Indian rupee, then 30 thousand lakh crore rupees will be. According to the IIF report, Date level has increased the most increase in China, France, America, Germany, Britain and Japan. This debt is defined in the dollar, in such a situation, some part of this debt has increased due to the weakening of the dollar. From the beginning of the year, now the dollar index has seen a decline of about 10 percent. ,
Global date growth equal to Kovid Aira
The IIF said in its global date monitor that the scale of this increase was equivalent to the increase in the second half of 2020, when the decisions to overcome the epidemic had seen a tremendous increase in global debt. Debt to GDP ratio – which is an indicator of loans repayment compared to production – if we look at the highest increase in Canada, China, Saudi Arabia and Poland. The report found that the ratio decreased in Ireland, Japan and Norway.
Overall, the global date-to-rationo production ratio continued to decrease gradually, which was slightly above 324 per cent. However, this ratio reached 242.4 percent in emerging markets. The total date in emerging markets has increased at a record high level of more than $ 109 trillion in the second quarter.
More than 36 lakh loans on every person
Currently, the loan on the world is 30 thousand lakh crores i.e. 338 trillion dollars. While the world’s population has crossed 8,248,722,041. If this debt is distributed equally, then every person in the world will have a loan of Rs 36.34 lakh. In such a situation, you can understand how much the world’s debt has increased. If it is not controlled soon, then most economy of the world will continue to collapse.
Big pressure on bond market
The IIF said that emerging markets could face a record high level of about $ 3.2 trillion in bonds and loan ridepations at the remaining time of 2025. The report warns that fiscal pressure may increase in countries such as Japan, Germany and France, and urged the so -called “Bond Vigilant” (Bond Vigilant) to be careful – these are those investors who sell bonds from those countries whose financial conditions they consist of unstable. The IIF said that although the government loan ratio increased rapidly in the emerging markets in the first half – especially in Chile and China – but this year the market reaction in the mature market has been stronger.
IIF warns about short -term loan
The report also highlighted concerns about the US loan, stating that the short term date is now about 20% of the total government loan and about 80 percent of the treasury issuing. The report said that increasing dependence on short -term loans can increase political pressure on central banks to keep interest rates low, which can threaten the freedom of monetary policy.