sHouldn't you look at debt my GDP or something.. Japan in that case is the worst.. You have to look at it relative to something otherwise it's not comparable between Nations
Agreed but regardless the U.S., Japan and EU are all far outpacing the EM's. I'm not sure that it would look that much different if it were relative to GDP
here is the chart. debt to GDP... GDP is a proxy for economy size therefore normalizing .. and making cross country comparison more comparable http://www.zerohedge.com/news/2015-...orld-today-9-countries-have-debt-gdp-over-300
All debt is not the same. There is good and bad debt. Good debt is when it is used for growth. Bad is when it is used to pay public service workers.
Bad debt is the fed printing money that's burying a premium into the stock market and a leveraged race for return....
Good charts. I wonder how they get away with that much debt? oh, yeah. Financial repression. They don't pay any interest on it. LOL
How do the world economies even exist and function with so many trillions in debt, its fucking disgusting what has happened in the last 100 years with the amount of debts this world has taken on with no end in site to even control it. Also amazing is that we as individuals are now looked upon by how much we make and what are credit scores are when applying for a car loan, a house loan and even a job, even a job requirement today is having good standing credit with a high fico score and no problems with our credit history.... if we as individuals carried the same debt the US carried we would be homeless, hungry and probably non existent. So if the US was human and had its own FICO score, what would it be based on the trillions of debts its in?