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The world now has $152 trillion in debt — the highest amount ever

The world has never been more in debt. According to the International Monetary Funds (IMF), total nonfinancial sector debt has hit $152 trillion worldwide, the highest gross debt ever recorded. The debt-to-GDP ratio is also at an all-time high of 225%, up from 200% 14 years ago. According to the IMF report, much of this is private sector debt from companies and households.
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