Growing alarm over Global Debt

An important concept in the current era of economic growth or debt instrument has been created but

the long-term sustainability or economic viewpoint; it is starting to become alarming. Generally, a loan

is taken to meet the financial needs of a limited but when the economy should be made dependent on

the debt problem then the emergence of a rough day's only natural.

When the system stops the flow of funds from the Treasury of the economy is bound to be affected.

Whether it is unfortunate that the governments or the private sector, all have developed their

dependence on loans or thinking that the only thing it has made loans only with to do.

Bank for International Settlement issued a report stating the situation is catastrophic, which has been

reported that most countries of the world, governments are increasing their reliance on debt the way,

the situation of countries like Greece, do not be. The institute says that three decades ago the world,

which was the size of GDP, compared to the burden of the debt, which was 170.13 percent, 263.27

percent in 2014, has risen.

During the three decades of GDP expansion is very extensive, but the burden of debt has also been

increasing. Today Greece is in trouble because of inability to pay the debt, and then tomorrow the

situation in China, to be such should not be so surprised. Talk to people's representatives of India

neither here nor concern to bureaucracy, the judiciary would not be aware of these facts and the media

is limited to only sensational news. So any sudden economic crisis in India and then the situation will

emerge, cannot be estimated yet.