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You might recall back in April, in post #429 (last page) Goldcore quoted a Bloomberg report stating that global debt had hit $237T. Well, it's only been 3 months or so and it's now being reported at $247T:
https://news.goldcore.com/ie/gold-blog/global-debt-time-bomb-surges-to-nearly-250-trillion/
It's quite possible that the root sources for the two numbers are not the same and they used different methods for tallying the numbers, so they might not be apples to apples to compare them, but I think it's pretty safe to say that the numbers are going up faster than is sustainable over the long term.
– Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T)
– “The $247 trillion global debt bomb” Washington Post warn
– Debt surges globally and global debt is up almost $150 trillion in just 15 years according to analysis by the Institute of International Finance
– Debt expansion appears to be accelerating and in Q1,2018 alone, global debt surged by another $8 trillion
– After falling marginally in recent years, global debt to GDP increased in Q1, 2018 and global growth is now slowing while global debt increases
– All major countries and every strata of society sees debt surge and massive consumer/ household, business, financial and government
– Important to consider the debt surge in context of GDP and since 2003, as a share of the world economy (GDP), the increase went from below 250% of GDP in 2003 to nearly 320% today
– Quarter Quadrillion in debt does not include massive global pension liabilities and other unfunded liabilities such as the U.S. social security, medicare and medicaid
...
https://news.goldcore.com/ie/gold-blog/global-debt-time-bomb-surges-to-nearly-250-trillion/
It's quite possible that the root sources for the two numbers are not the same and they used different methods for tallying the numbers, so they might not be apples to apples to compare them, but I think it's pretty safe to say that the numbers are going up faster than is sustainable over the long term.