Don't Drown in the Sea of Global Debt

Debt is the proverbial double-edged sword , offering access to costly assets, but sometimes driving overleveraged borrowers into bankruptcy. Only politicians and some Keynesian economists could convince themselves - along with a good portion of the masses - that more debt is the solution to the world's already crushing levels. It's gotten so backwards, it's downright scary. Yet there are some practical things you can do to avoid getting sucked under by the growing sea of debt... Tags: Debt , global debt , global debt levels , improving your personal debt situation , personal debt , sea of debt To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Don't Drown in the Sea of Global Debt appeared first on Money Morning - We Make Investing Profitable .