The Fund showed that, on average, the debts of the world are higher than US $ 86,000 per person, which is 2.5 times higher than the average per capita salary. It is not surprising that some of the experts who see global debt worldwide are one of the key economic problems, especially if the global economy comes into decline and there are problems Starting up with the great debts that some countries have happened,. Another issue of market disturbance is that serious accidents with low corporate debt (high risk) Ongoing, as the environment grows faster. For example, in the United States, one of the key problems that have regulations give a warning about the loans that are provided (placed under the deposit level) in the corporate sector.
However, IMF shows that "the greatest economies in the world are also richer". The three biggest loans in the world, the US, China and Japan are also the largest ones possible, because they are the most. represents more than half of the global debt, which is higher than their market share in the production of global goods and services. . On the other hand, the Fund's figures are a n; shows that debts in the private sector have "struggled since 1950" and is still an engine for debt debt in the world. In this regard, one of the most important changes to the 2008 financial crisis "is the rise in private debt in emerging markets, led by China , which has been better than the economies. " In the case of China, the data is: a total debt represents 245% of GDP, 81.5% of private GDP, with a denominated GDP of over $ 12 billion.
With regard to the global public debt, which has dropped steadily until the mid-1970s, it is not possible to surrender that it has not grown since then, especially in the enhanced economies. In terms of 2009, global debt was up to 11 percentage points in terms of GDP. In this way, the IMF decides that "financial conditions are tightened in many countries", due to the rise in US rates. and at the end of the ECB, coupled with the high levels of private and public debt after several years of "cheap money", there is a risk to be included through 2019 and 2020. Just a few weeks ago, the old leader of the deer, Janet Yellen, said that she was scared of other financial crisis because, her opinion, there is a huge hole in the system. "In this regard, one of the areas in which he saw risks in the expanded loan market has grown dramatically over the last ten years. It is worth remembering that loans are providing companies with bad credit, so they have a higher basic risk and have higher levels of interest for those companies. Investors are afraid of the high level of corporate debts in the US. It & # 39; downturn if companies start to get problems to refurbish their debts. Especially if the format of loans is hard because of the enhancement of their interests in the US. So the worrying about these loans because they can be the first connection in the chain that could be broken off, as the mortgages were subprofile in 2008. It's In 2017 there were already problems with her Thistles built, which directly affected the investments in CLO (Loan Devolution), the largest application source for these resources. Investigators who include connected credit obligations (CLOs) Purchase of assets with the help of the loans delivered by low credit rates, as an alternative to a & # 39; accepting the basic risk that a & # 39; company to return higher.
Regarding what has happened in 2017, the Fund shows:
In the case of the improved economies, there was a reduction in debt collection. Private debt, although they are slightly increased, is considerably lower than their highest level. In addition, public debt in advanced economies received a healthy reduction of nearly 2.5% of GDP in 2017. In order to find a similar reduction in public debt, we must bring back ten years, when the growth global around 1 percentage point higher than today.
In emerging market economics issues, follow those countries; giving loans in 2017, although they were much slower. There has been a major change in China, where a private debt rate was accumulated, although still high, slow down down.
While it was in developing countries, income, public debt growth was & # 39; Growing in 2017 and, in some cases, levels were close to those surveyed when they were in the process of being diagnosed. countries ask debt relief.
IMF "warns" by harming financial circumstances in many countries (including interest rates increases) that the opportunities to reduce debt remain inaccurate. Certainly, the high levels of corporate and public debt built over years of easy-to-reach financial circumstances can be the potential failure. So, by closing its & # 39 ; the first ten years after the global financial crisis, a debt debt is still important ".