The world’s $1.8-quadrillion balance sheet has a simmering problem
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Article Excerpt
The world’s $1.8-quadrillion balance sheet has a simmering problem
MIKE DOLAN
LONDON
REUTERS
PUBLISHED 1 HOUR AGO
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The vast riches comprising the world’s US$1.8-quadrillion financial balance sheet may speak to the rude health of the global economy.
But the rapid expansion of household net worth to some US$570-trillion last year is increasingly being driven by paper equity values, drifting away from tangible asset values and underlying economic performance…
Read full article at The Globe and Mail ↗
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