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Global Debt Reaches A Record $226 Trillion - Business (2) - Nairaland

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World Bank Warns Of Global Debt Crisis Amid Borrowing Build-up / Ghana’s Public Debt Reaches 59.4% Of GDP At The End Of July 2019 / World's Richest Became ₦360 Trillion Richer In 2017(Photos) (2) (3) (4)

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Re: Global Debt Reaches A Record $226 Trillion by pyro62(m): 8:38am On Dec 22, 2021
Ahh see money oo. Then UBA no gree make I rest because of 20000#. Nonsense! anytime the world settle their debt, that's when I will pay my own abeg.
Re: Global Debt Reaches A Record $226 Trillion by moscobabs(m): 8:39am On Dec 22, 2021
kiss
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 8:40am On Dec 22, 2021
vedaxcool:


Did you go to school? Or are just itching to say rubbish? Do you know what 10% of $227 trillion ($22.7 trillion) is? What is Nigeria's current debt? It is not up to a $100 billion. Most you guys spew ignorance with so much confidence!
Pls is it 227trn USD or 22.7trn USD I'm confused.. How can global debt reach an accumulation of 226trn USD that's pretty much. That amount is the whole of Africas GDP these white people need to take things easy .
Re: Global Debt Reaches A Record $226 Trillion by michoim(m): 8:45am On Dec 22, 2021
CaptainAyub:
By the time sheikh buhari is done with zoogeeria,ISWAP commander go shout "Jesus is Lord and master" cheesy
What has your comment got to do with the topic? Are you always this daft?

2 Likes

Re: Global Debt Reaches A Record $226 Trillion by Inspectahdeck(m): 8:50am On Dec 22, 2021
Who is the creditor?

They should get lost
Re: Global Debt Reaches A Record $226 Trillion by Agbegbaorogboye: 8:50am On Dec 22, 2021
What? The world is owing?

Owing who?!!

1 Like 1 Share

Re: Global Debt Reaches A Record $226 Trillion by Agbegbaorogboye: 8:51am On Dec 22, 2021
michoim:

What has your comment got to do with the topic? Are you always this daft?

Which part of his comment irks you exactly?
Re: Global Debt Reaches A Record $226 Trillion by Agbegbaorogboye: 8:53am On Dec 22, 2021
vedaxcool:
Governments face a world with unusually high levels of public and private debt, new mutations of the virus and rising inflation “, they commented from the International Monetary Fund. Along these lines, they add that monetary policies today are reoriented towards increasing inflation.

“Public debt contributed a little more than half of the increase, and the public debt ratio soared at an unprecedented level of 99% of GDP; and the private debt of non-financial companies and households also reached new highs, “they explain.


This is what many quack economists wailers don't get, the world is facing an unprecedented challenge.

Zombie has stopped blaming Jonathan. It is now blaming the whole world for his Baba's incompetence
Re: Global Debt Reaches A Record $226 Trillion by Advocate500: 9:02am On Dec 22, 2021
vedaxcool:


Did you go to school? Or are just itching to say rubbish? Do you know what 10% of $227 trillion ($22.7 trillion) is? What is Nigeria's current debt? It is not up to a $100 billion. Most you guys spew ignorance with so much confidence!
rubbish, you that went to school, what do you have to show for it? Supporting a man with secondary school certificate as your president because of the crumbs that falls from his table.
Re: Global Debt Reaches A Record $226 Trillion by Urahpopopo(m): 9:03am On Dec 22, 2021
Idiot!!! It’s “Global” debt. Read again

1 Like

Re: Global Debt Reaches A Record $226 Trillion by Heterodox(m): 9:07am On Dec 22, 2021
Nonsense and ingredients.


Who are we now owning?
Re: Global Debt Reaches A Record $226 Trillion by vedaxcool(m): 9:14am On Dec 22, 2021
Differentiate:

Pls is it 227trn USD or 22.7trn USD I'm confused.. How can global debt reach an accumulation of 226trn USD that's pretty much. That amount is the whole of Africas GDP these white people need to take things easy .

226 trn USD. They live on borrowing!

1 Like

Re: Global Debt Reaches A Record $226 Trillion by vedaxcool(m): 9:16am On Dec 22, 2021
[s]
Agbegbaorogboye:


Zombie has stopped blaming Jonathan. It is now blaming the whole world for his Baba's incompetence
[/s]

No one is interested in your surname!

1 Like

Re: Global Debt Reaches A Record $226 Trillion by pacespot(m): 9:24am On Dec 22, 2021
And who are the creditors, the world is indebted to who? Any business and financial savvy person will know this. The people who the world is indebted to are the rich and the super rich. They buy debts of many rich countries through many government-issued securities so that they will continue to get paid in dividends and interests for eternity.

This is a primary indicator of the growing gap between the rich and poor. Most of the countries of the world are running budget deficits, governments issue out bonds, treasury bills and notes to balance the book, in which they will have to pay back the money to their bond holders through dividends and interest payment.

It is a very long explanation of how the people who run government are also the same people the government is indebted to.

1 Like 1 Share

Re: Global Debt Reaches A Record $226 Trillion by JC2021: 9:30am On Dec 22, 2021
The post is about global debt not Nigeria's debt. Let's comment on the points raised abeg. 2 pages now, most comments show how shallow most Nigerians are.

1 Like

Re: Global Debt Reaches A Record $226 Trillion by membranus: 10:02am On Dec 22, 2021
Agbegbaorogboye:
What? The world is owing?

Owing who?!!

Owing international banks, like World Bank, European Bank, African Development Bank, JPMorgan, Bank of America, etcetera.
Re: Global Debt Reaches A Record $226 Trillion by membranus: 10:04am On Dec 22, 2021
Agbegbaorogboye:
What? The world is owing?

Owing who?!!

Owing international banks, like World Bank, European Bank, African Development Bank, JPMorgan, Bank of America, etcetera. Including countries owing othet rich nations like China, Russia, Japan, America.
Re: Global Debt Reaches A Record $226 Trillion by Opexzy: 10:08am On Dec 22, 2021
MPESA:




You are comparing USA debt to Nigeria , You dey MENT sha, when USA has something to account for the borrowing including giving Aid to you and your likes...what has NIGERIA done or show with theirs .. BMC ALL OF UNA DEY MENT.

P.s
Don't quote because if you do na Ogun , Ayaela and Amadioha go kill you and your lots for always supporting evil and mortgaging the future of unborn generations for peanuts.... ADAMU.

What is wrong with you people...
Are you this stupid that you can't read and comprehend simply?
How difficult is it for you to easily realize that I was only replying to someone in the second paragraph of my OP?

Normally I would not reply people like you, but let's just say today is your lucky day.
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 10:09am On Dec 22, 2021
Vickym1:
Lai Muhammad should coman debunk this rumour and tell us the real amount...


This govt came to finish Nigeria and if there will be Nigeria on 2022 if they continue like this cos China will take over Nigeria cos of debt...



No matter what happens,


I never sold my rights



Not even Putin has the right to end my rights


The slavery starts from the mind


Some bastards think they are slaves because they speak English



Such mental disasters make their inferiority real to them



Economics can't change what I'm saying
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 10:10am On Dec 22, 2021
membranus:


Owing international banks, like World Bank, European Bank, African Development Bank, JPMorgan, Bank of America, etcetera. Including countries owing othet rich nations like China, Russia, Japan, America.



Those guys are part of the world too



Life doesn't make sense
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 10:12am On Dec 22, 2021
Differentiate:

Pls is it 227trn USD or 22.7trn USD I'm confused.. How can global debt reach an accumulation of 226trn USD that's pretty much. That amount is the whole of Africas GDP these white people need to take things easy .


Take your complex to your village



It's not about white vs black
Re: Global Debt Reaches A Record $226 Trillion by omostar: 10:12am On Dec 22, 2021
dele1727:
grin grin grin

The main problem this nation has is the abundant bunch of nitwit who claim to be educated yet comment on issues that they never read about or read without comphrension..... Twitter and Nairaland shows clearly ignorance thrives in this country

It is honestly very disturbing. It makes me feel these comments are just programmed bots pushing an agenda.
Re: Global Debt Reaches A Record $226 Trillion by Nazzz: 10:13am On Dec 22, 2021
This sum even u give me. I won't collect. cos for sure u most face the consequences
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 10:14am On Dec 22, 2021
pacespot:
And who are the creditors, the world is indebted to who? Any business and financial savvy person will know this. The people who the world is indebted to are the rich and the super rich. They buy debts of many rich countries through many government-issued securities so that they will continue to get paid in dividends and interests for eternity.

This is a primary indicator of the growing gap between the rich and poor. Most of the countries of the world are running budget deficits, governments issue out bonds, treasury bills and notes to balance the book, in which they will have to pay back the money to their bond holders through dividends and interest payment.

It is a very long explanation of how the people who run government are also the same people the government is indebted to.


So, the controllers/government are being controlled ..... they're also owing...
,abi?



No matter how you put it,



life doesn't make sense.
Re: Global Debt Reaches A Record $226 Trillion by Nobody: 10:18am On Dec 22, 2021
omostar:

It is honestly very disturbing. It makes me feel these comments are just programmed bots pushing an agenda.


Ignorance of certain things is worldwide


Knowledge of certain things is worldwide

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