The phrase "a global debt" is correct and usable in written English.
It can be used when discussing financial obligations that affect multiple countries or the world as a whole.
Example: "The recent economic crisis has led to a significant increase in a global debt that threatens financial stability."
Alternatives: "worldwide debt" or "international debt".
The Economist provides a global debt clock.
The most poignant lesson came in 1982, when U.S. Federal Reserve chairman Paul Volcker raised U.S. interest rates to tame inflation, triggering a global debt crisis.
A1 Congress Moves on Debt Relief Congressional leaders agreed to allot $435 million for the United States share of a global debt relief initiative this year.
What brought them down was a global debt market that pushed the cost of borrowing beyond affordable levels: markets made the bad habit of living beyond one's means simply too expensive.
What brought them down was a global debt market that pushed the cost of borrowing beyond affordable levels: markets made the bad habit of living beyond means simply too expensive.
The firm has created a global debt capital markets group that will manage a broad spectrum of products, from investment-grade and high-yield bonds to leveraged loans, as well as restructuring.
By John Cassidy August 26 , 2015Ray Dalio, the manager of Bridgewater Associates, has spelled out his theories about how the Fed might address a potential global debt crisis.
Ray Dalio, the manager of Bridgewater Associates, has spelled out his theories about how the Fed might address a potential global debt crisis.
If, as is now expected, the money is included in final appropriations bills working their way through Congress, the United States would be spared the embarrassment of being the only major industrial nation unwilling to pay its share of a $90 billion global debt relief plan.
As the evening labored on with a Power Point presentation, a panel talk with Mr. Fresco and a spirited question and answer session, some basic themes emerged: modern economics is a fraud; global debt will crush the planet; society itself is dying from the profit motive; and people ought to wise up to the fact that more than legislation — or presidential administrations — needs to change.
Meanwhile, Mr. Keen — one of the few Australian economists who warned of an impending global debt crisis before 2008 — is standing by his prediction that the country's love affair with real estate will end badly.
