Each year, the Credit Suisse Research Institute publishes a “Global Investment Returns Yearbook,” with a summary edition available online (February 2022).
The quantity of fresh water on planet Earth doesn’t change much over time, but the demands on that water and how it is distributed can cause considerable stress.
“The world economy today is characterised by a larger quantity of debt, relative to its level of income, than at any time in recorded history. … In the advanced economies, the average total debt of the household, business and government sectors has grown steadily and now exceeds 250% of GDP. In the emerging markets, the same average has risen more quickly in recent years and now stands at about 150% of GDP. The world is therefore highly levered in terms of its overall debt-to-income ratio … The economic dislocations caused by the Covid-19 pandemic have jolted debt ratios even higher, raising even more concerns about future debt burdens and their potential dangers, but in many respects this crisis has only served to accelerate preexisting debt trends.”
Imagine an interest in changing the way you eat for some particular objective.
Most people will buy a new car on finance or with a loan, but the rates you pay every month can depend on a number of factors.
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