Increased fears about global stability and the rise of new military powers is driving a return to steady growth in worldwide defence spending.

A new analysis of arms spending from Jane’s Defence Budgets report found that outlays on weapons, equipment rose 1pc in 2016, to a global total of $1.57 trillion.

Read the Full Article: Source – The Telegraph
Time For Truth: (The Telegraph) – $1,570,000,000,000: how much the world spent on arms this year

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Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past few months suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.

Read the Full Article: Source – Zero Hedge
Time For Truth: (Zero Hedge) – Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth

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After a few months that’s seen the small matter of neo-liberalism dying and the beginning of the end of globalization, you might be forgiven for thinking that your portfolio might need a little updating.

Well, listening to the experts on CNBC last week there seems to be two schools of thought on this issue.

Read the Full Article: Source – CNBC
Time For Truth: (CNBC) – $1 trillion of spending, 'Trumpflation' and what it means for your portfolio

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Global debt issuance is on course to hit a record high in 2016 as figures showed sales this year topped $5 trillion (£3.9 trillion) at the end of September.

Debt issuance rose to $5.02 trillion in the nine months to September 22, according to Dealogic, putting 2016 on course to beat the all-time high of $6.6 trillion recorded in 2006.

Read the Full Article: Source – The Telegraph
Time For Truth: (The Telegraph) – Global debt climbs towards fresh high as companies and countries keep on borrowing

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The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history.

It may also prove to be the definitive crisis of globalized capitalism, the demise of the liberal free-market orthodoxies promoted for almost forty years by the Bretton Woods institutions, the OECD, and the Davos fraternity.

Read the Full Article: Source – The Telegraph
Time For Truth: (The Telegraph) – UN fears third leg of the global financial crisis - with prospect of epic debt defaults

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