How to survive the global meltdown
The global economy is heading for another major meltdown, but it is likely to be much more painful than what happened during the last one, according to a new study.
The world is currently experiencing a “significant” debt burden, according the report, released by the US-based Institute for Supply Management (ISM).
The problem is that the debt is concentrated in a small group of major players, such as the big banks, and not enough of them are willing to make good on their debts.
The result is that interest rates are going up on all those debt holders who are not making good on the debts.
This is a problem because it means that as the debt burden increases, interest rates will also go up.
The report predicts that by 2025 the world’s debts will reach $2.4 trillion, with $500 trillion in total debt.
The US Federal Reserve will likely start increasing interest rates, because the world will have reached the point where there is not enough money to repay debts.
“As we approach the 20th anniversary of the financial crisis, we have reached a turning point,” said ISM president and CEO Mark Luschini.
“We’ve seen an increase in debt, and it has gone up at an accelerating pace.
That is creating a problem for those who are in debt and need to repay it.”
The report says the US Federal reserve will start raising interest rates this year and that there is a good chance that interest will be paid off by 2023.
This could result in a rise in the global debt to over $1.7 trillion, which is a massive increase from where it was at the start of the crisis.
“The world’s debt burden is already higher than it was before the financial crash of 2008-2009,” Mr Luscolo said.
“What is the likely outcome of the next financial crash?
That’s the big question.
We are seeing the most serious crisis of our lifetimes.”
The report said that the most likely scenario for the next decade is a global financial meltdown that is far worse than what we experienced during the 2008-09 financial crisis.
The authors estimate that between 2023 and 2025, there will be a total of $2 trillion in debt owed by the global financial system, which would be a global debt crisis of the size of the 2008 financial crisis that would take on a global scale.
The authors estimate the world debt at around $2tn today, which was around $600 trillion when the crisis hit.
There are three major reasons why this is happening: The banks are being squeezed by the collapse in the value of their assets; the big companies are being forced to write off huge amounts of debt; and governments are being unable to fund their public spending programs.
These three factors are creating huge amounts in debt.
This debt will cause the value in the stock market to plummet.
This is not good for the world economy because it will lead to a collapse in productivity growth and the ability of governments to repay their debts to creditors.
While the report says that the next major financial crisis is unlikely to happen in the next few years, it does say that it will take longer for the global economy to recover than it did in the financial downturn of 2008.
This means that debt is likely going to be higher in the coming years.
However, the authors warn that the impact of this will be much less severe than the impact that occurred in the 2008 recession.
For example, there is an assumption that people will be able to get back to work.
However, there may be a period of low productivity growth in some areas of the economy.
When we get into this debt cycle, we are going to see a much more prolonged period of slow growth in the economy and there will also be a lot more uncertainty and disruption, because there is no clear understanding of what is going on.
We will not know how the economy will recover until the financial sector is able to start to pay off its debts, because that will take a long time.
In this financial cycle, the risk of debt has increased because the market has become less predictable and has become more volatile.
With interest rates increasing, we will have more and more uncertainty in the future, and there is going to have to be some adjustment to the economy, which means more stress on the economy’s ability to repay its debts.