Deleveraging? What Deleveraging?
Most countries have seen their overall debt burdens rise substantially since 2008, with China's outpacing the U.S.'s.
By the Staff
The great financial crisis was a product of excessive debt. So is the world safer today? Not exactly. Debt has risen sharply in many countries over the past five years.
Ireland and Portugal stand out, not surprisingly, but the debt story isn't just a Western one. China's debt rose more than the U.S.'s between 2007 and 2012; no wonder many analysts fret about the legacy....