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Home > As Fed Pauses Printing, Total World Debt Tops $100 Trillion

As Fed Pauses Printing, Total World Debt Tops $100 Trillion

By Tyler Durden
Created 10/29/2014 - 12:45
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/29/2014 12:45 -0500



 

If, as Lacy Hunt explains "debt is an increase in current spending in lieu of future spending," then we have some 'un-spending' to do...

 

[2]

 

h/t @Reinman_MT

 

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Source URL: http://www.zerohedge.com/news/2014-10-29/fed-pauses-printing-total-world-debt-tops-100-trillion

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[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10-overflow/20141029_100t.jpg