Thursday, 12 April 2012

Debt race

I found this shocking chart on Al Fin's blog.

This chart encapsulates why western civilization is in a terminal crisis.


Sackerson said...

And in relation to GDP? And how about a look at Net International Investment Position? And Total Credit Market Debt instead of just government debt (some of which is expanding to take the strain of personal indebtedness and its effect on the banks).

Anonymous said...

Sackerson, would things look better as ratios. Not likely.