Date: September 2013: 10 Years Makes A Difference.jpg (1344×963)

10 Years Makes A Difference.jpg (1344×963)

Total G7 consolidated debt was $80 trillion in 2003. In the next decade it has risen by $62.3 trillion to $142 trillion at the end of 2012. This is a stunning 80% increase in the total stock of world debt in just one decade. 
Total G7 consolidated GDP was $22 trillion in 2003. Over the past ten years, GDP has risen by $9.4 trillion, or by 42%, even as total debt increased at double that rate.

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