The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Thursday, December 01, 2011
Total Global Debt to GDP
The following chart is presented without any further comment because none is needed. Except for the following statement by Kyle Bass: "Total Debt-to-GDP only breached 200% when nations were spending on war. Today we are at 310%." As I have stated many times on this blog, this whole debt situation is not going to end well. In other words, you can not grow total debt at 11% when GDP is growing at 2%.
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