19-04-2018 08:08 via newsbtc.com

Bitcoin and Crypto are Solutions to the $164 Trillion Global Debt

The International Monetary Fund has reported that the global debt has hit $164 trillion marking a trend that could lead to a catastrophic recession if countries fail to pay off debts due to strict financing conditions.
IMF Report Warns of Huge Global Debt
The IMF said in its semi-annual fiscal monitor report on Wednesday that the global and public debt has ballooned to 225% of global gross domestic product in 2016, the last year for which the fund has figures for.
Vitor Gaspar, head of
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