It’s The Debt Stupid: Scotiabank Warns “At Some Point ‘The Future’ Becomes ‘Today'” Tyler Durden’s pictureSubmitted by Tyler Durden on 04/29/2016 05:52 -0400 http://www.zerohedge.com/news/2016-04-28/its-debt-stupid-scotiabank-warns-some-point-future-becomes-today Debt undermines growth and, as Scotiabank’s Guy Haselmann exclaims, the world has never been more indebted. Reinhart and Rogoff’s 2010 research on the topic concluded that growth is about 1 percentage point lower in the long […]