Global debt has increased by $57 trillion

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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.

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