$255 Trillion Global Debt Bubble May Burst In 2020 – Prepare Now!

December 2, 2019
Executive & Research Director @ GoldCore

Source: Bloomberg

◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs.

◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt.

This is almost three times global economic output and equates to about $32,500 for every man, woman and child on earth.

“With central bank rates at their lowest levels and U.S. Treasuries at their richest valuations in 100 years, we appear to be close to bubble territory, but we don’t know how or when this bubble will burst…”

◆ The way out for a world economy hooked on debt is not more debt.

◆ Prepare now with physical gold coins and bars in fully segregated storage in Singapore and Zurich.

Full article and charts on Bloomberg


Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

Gold is the official state mineral of Alaska.

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