In an analysis that may rival that infamous “McKinsey report” from early 2015 which found that not only had there been no deleveraging since the financial crisis but that total global debt has risen to an unprecedented $199 trillion as of 2014, or up by $52 trillion in 7 years, earlier today S&P Global Raters issued a new report in which it forecasts that global corporate debt is set to rise by 50% over the next four years, rising from $51.4 trillion currently to $75 trillion by 2020 as a result of easy central bank monetary policy and low interest rates.
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