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Global Debt Exceeds $100 Trillion

Debt worldwide has increased more than 40 percent since 2007, according to Bank for International Settlements.

By John Glover, Bloomberg | Updated on March 10, 2014

The amount of debt globally has soared more than 40 percent, to $100 trillion, since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates.

The $30 trillion increase between mid-2007 and mid-2013 compares with a $3.86 trillion decline in the value of equities to $53.8 trillion, according to the Bank for International Settlements (BIS) and data compiled by Bloomberg. The jump in debt as measured by the Basel, Switzerland-based BIS in its quarterly review is almost twice the U.S. economy.

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