The New Debt Threat

Debt levels are rising worldwide and extreme debt levels can lead to financial crises.  Where do we stand today?  What are the likely outcomes?  And what should you do to be prepared?  We’ll explain.

The sub-prime crisis began on August 9, 2007 when BNP Paribas had to halt the redemption of funds as a result of a complete evaporation of liquidity in the U.S. subprime mortgages in whic.....