[Party on]

The following credit numbers are from the Bank for International Settlements (BIS) as of the end of the first quarter, 2017:

First table at the link is “Total credit to the non-financial sector (core debt), % of GDP” for the larger economies of the world:

https://www.bis.org/statistics/tables_f.pdf

[Party on]

The borrowing and spending binge by Canadian households, businesses and governments (all levels) continues unabated. Growing the debt in the economy significantly faster than the economy itself grows seems to have developed into a way of life in Canada.

Canadian total (household, business, and all levels of government) debt numbers as of the end of June, 2017

https://owecanada.blogspot.ca/2017/09/canadian-total-household-business-and_19.html

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