The Problem With Global Debt

Global debt isn't a problem, but what we are using the debt for might be. A lot of rapidly developing countries around the world today are having serious problems with debt because their growth is stalled. It's much safer for debt to flow to assets like real estate and advanced economies than it is to flow to factories in developing economies. The average net worth of someone on earth is around US$90,000, but that average is skewed by just a few extremely wealthy people. We're gonna make an entire video on that next week so I don't wanna reveal too much here,. But make sure to subscribe so you don't miss out on that one when it comes out.