Hidden debt scales up to $65 trillion

The scale of hidden dollar debt around the world is huge.

No less than $65 trillion in unrecorded dollar debt circulates across the global financial system in non-U.S. banks and shadow banks. To put in perspective, global GDP sits at $104 trillion.

This dollar debt is in the form of foreign-exchange swaps, which have exploded o

https://news.fiar.me/2023/02/hidden-debt-scales-up-to-65-trillion/

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