Universal crediting will lead to the deepest crisis. Its scale will be unprecedented, since the level of global debt has never reached such high rates. Joint efforts of the country and international organizations could minimize losses, but it will be extremely difficult for them to agree. And the most destructive role will play, of course, the United States. According to the Bank for International Settlements, to date, the global debt, which includes all liabilities in the world - governments, banks, corporations and households - has exceeded $ 233 trillion. In the year 2000. it was only $ 87 trillion and has since grown almost threefold. Last year, debt corresponded to 327% of world GDP, while in 2015. was one and a half times less - at 225%, RIA "Novosti". The more the economy of the state, the more debt. Credit bubbles threaten the economies of all developed countries without exception (in the high-risk group - Canada, South Korea, Hong Kong, Belgium, Australia), as well as China. The US stands apart, accounting for almost a tenth of the global debt - $ 21 trillion. Debts are growing so fast because of the ultra-low key rates of central banks of the world's leading countries. Loans are very cheap, so they are recruited beyond measure. Rates began to decline after the 2008 crisis. , to support national economies. While rates remain low, the situation is not critical: debtors are at least coping with payments. But as soon as the rates rise, money will rise in price, servicing loans will become more difficult, and this will create serious problems for borrowers. The Federal Reserve System is threatening to tear down the house of cards. The American regulator is going to raise the key stake three times this year. It is expected that other key regulators will follow suit. "Provoked inflation or simply writing off debts can lead to an unprecedented global financial disaster," BCS analysts warn in this regard.. And the analyst of Finam Alexei Korenev notes that the depth, duration and consequences of the future crisis depend on the level of the debt burden the world economy will include in it. Arsenal of means for fighting the crisis is very limited.

The authorities of the countries can restrain interest rates, take on bad assets, help the labor market and support the consumer sector. But if total collapse begins, all this will hardly help. More importantly, unite international efforts and at least take a decision on writing off the bad debts of the poorest countries. This will slightly relieve the world economy. But it will be very difficult to agree. There is no doubt that soon the world expects a series of defaults. Some countries will try to swim for someone else's account. Washington has already begun trade wars with the European Union and China, and Russia and several other countries have imposed economic sanctions. However, in the environment of Donald Trump can not fail to understand that if one of the major players begins to sink, it is bad for everyone.

In this situation, the position of the Russian Federation seems to be the most stable. Our country does not have many debts - only $ 529.1 billion, that is, 40 times less than that of the United States. For the year, the debt grew by only $ 15 billion.

Americans annually add $ 200 billion. The Russian authorities are doing a good job of servicing the external debt. If nothing extraordinary happens, Russia will come out of the future crisis with a minimum of losses.