Posted on 02/23/2015 10:38:43 AM PST by Enlightened1
If anyone has stopped to ask just why global central banks are in such a rush to create inflation (but only controlled inflation, not runaway hyperinflation... of course when they fail with the "controlled" part the money paradrop is only a matter of time) over the past 5 years, and have printed over $12 trillion in credit-money since Lehman, the bulk of which has ended up in the stock market, and which for the first time ever are about to monetize all global sovereign debt issuance in 2015, the answer is simple, and can be seen on the chart below.
It also shows the biggest problem facing the world today, namely that at least 9 countries have debt/GDP above 300%, and that a whopping 39% countries have debt-to-GDP of over 100%!
(Excerpt) Read more at zerohedge.com ...
Interesting to see who is not on the list.
This is what I’ve been saying since QE first began. Unfortunately I was too stupid to act on my own words or I’d be a very rich man by now.
Interesting to see who is not on the list.
Excellent information & post.
Interesting to see that Russia is not on this list.
Also wondering why more IMF dependent third world countries aren’t included?
How is US 233%? I thought we were closer to 100%.
Look at the extended list. Russia is #43. Its New Zealand that I do not see.
That’s a good safe place to move to.
Also, in the southern hemisphere, you’re the last to get hit by the fallout.
It depends on what you count.
You can count the money owed to the Social Security trust fund, or you can not count it. Congress has the authority to change or abolish Social Security at any time by a simple majority vote.
So what is the real ‘debt’?
Just avoid those massive earthquakes, and you’re good.
“Also wondering why more IMF dependent third world countries aren’t included?”
Those are white guilt loans...nobody expects them to be paid back.
It depends upon what form of debt you consider. In this case, the figure of "233%" probably includes ALL debts, public and private, most of which Americans owe to other Americans.
Any article which cites such figures without explaining, in depth, what definition of debt they took and why should be ignored.
Regards,
How about a list of the creditors alongside the debtors?
I think that if any individual (or secret group) creditors exist, they would not want their names on the list.
I can think of a few suspects.
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