The Economist : if rates rise by 100bp, global interest payments will rise from $10tn to $16tn, or from 12% to 15% of global gdp; if they rise by 200bp, to $20tn or 18% global gdp.

Some $300tn in global debt needs to be rolled over. @TheEconomist: if rates rise by 100bp, global interest payments will rise from $10tn to $16tn, or from 12% to 15% of global gdp; if they rise by 200bp, to $20tn or 18% global gdp. cc:@crossbordercap t.co/cq1dvmdvu5 pic.twitter.com/hnU05JuCa3

— Policy Tensor (@policytensor) February 4, 2022

Australia’s housing debt just passed 100% of GDP… Canada is also in danger zone at 72%… for comparison,

US housing debt peaked at 73% in 2007 just before the great real estate crash… pic.twitter.com/1am2yHFEhE

— Wall Street Silver (@WallStreetSilv) February 9, 2022