Global debt has increased by $57 trillion

 •  Filed under PIIE, finance

That is quite a take-away from the panel that included:

  • Susan Lund, McKinsey Global Institute
  • Karen Dynan, assistant secretary for economic policy at the US Treasury
  • Nicholas R. Lardy, Senior Fellow at PIIE
  • Michael Marrese, head of economic research at JP Morgan Chase

The video from the event is on-line:


And the main slide to remember (though it could be nightmare-inducing) is this:


Source: Lund's presentation

Lardy's presentation is available here.