The World Has Learned Nothing From The Great Financial Crisis: 11 Charts Which Prove It

But instead, just the opposite has happened, according to Bloomberg: central banking cowardice and flawed monetary policy have, over the last decade, dug the world deeper into the hole it was in prior to the crisis. In the U.S., for instance, debt has shifted between industries, but it has not gone away. China, once relatively responsible in its debt positioning, has now emerged as the newest bastion for taking on debt to encourage growth.