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According toanarticle, on FX Week,"The Bank for International Settlements (BIS) has estimated some $13 trillion of debt is currently being under-reported in the global economy due to accounting practices that exclude foreign exchange derivatives from the balance sheets of financial and non-financial institutions." (Aimone, 2017).

I believe that foreign exchange derivatives should be recorded on the balance sheets so thatall of thisdebt isaccounted for in reports. This would mean the numbers currently recorded on the balance sheetsare sort of misleading. If this debt continues to be underreported, people could neglect to take it intoaccount whenconsidering loans or repayments. Then the debts may worsen.