FAST FIVE: Rickards: The Makings Of A Global Debt Crisis Are Now In Place

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Today, it's about $40 trillion.

Growth is also slowing in the US The 2009-2018 recovery has already been the weakest recovery in US history despite a few good quarters here and there.

GDP expanded 3.5% last quarter, which looks good on paper.

There's no reason to believe these problems will stay confined to China.

The global phenomenon is neatly illustrated in the chart below.

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