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equity

August 3, 2011

If $212 trillion sounds like a lot of money, that’s because it is. According to management consultant McKinsey, it also represents the total value of equity, debt and bank loans in the world at the start of the year. And it’s a record, up $11 trillion on the $201 trillion recorded a year earlier, and $10 trillion ahead of the previous peak of $210 million during the credit boom.

If $212 trillion sounds like a lot of money, that’s because it is. According to management consultant McKinsey, it also represents the total value of equity, debt and bank loans in the world at the start of the year.

And it’s a record, up $11 trillion on the $201 trillion recorded a year earlier, and $10 trillion ahead of the previous peak of $210 million during the credit boom.

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