BFCSA Banking & Finance Consumers Support Association

Global debt has climbed to $US250 trillion, up from $US177 trillion in the first half of 2008. Adding more credit or money to the economy artificially may undermine voters’ confidence in authorities’ abilities to regulate effectively and fairly. Indeed, attempts to start weaning economies off emergency monetary policies, still largely in place a decade later, are a major part of the uncertainty economies now face.