The Egads Department.

PositionOFF THE NEWS - Brief article

"Among a group of twenty-one developed markets monitored by the [Institute of International Finance], the combined outstanding debt of households, governments, corporations, and financial institutions rose from the equivalent of about 290 percent of their combined gross domestic product at the end of the 1990s, to 380 percent at the end of 2008. Since then, it is broadly unchanged.

"But, since the crisis, debt in emerging markets has surged. In China, it rose from 171...

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