''Attack of the debt tsunami''? The crisis pushed global debt levels to a new high of over $272 trillion in the third quarter. In this video, Andrew shares the article from CNBC about why debt in the western world and advanced economies is out of control and why that should matter to you?
1:18 The IIF said global debt would break new records in the coming months to reach $277 trillion by the end of the year.
1:32 Among advanced nations, debt surged above 432% of GDP in the third quarter — a 50 percentage points increase from 2019.
1:42 In emerging markets, debt levels rose to over 248% of GDP, with Lebanon, China, Malaysia and Turkey experiencing the biggest rises in non-financial-sector debt.
2:38 11 Best Online Business Ideas
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