source: Economist
The same issue has another chart of debt as a percentage of GDP -- and source of that debt -- for 14 "mature" countries:
source: Economist
More interesting still is the Economist's interactive chart of the same 14 countries debt-to-GDP; surf there and click for a time series by nation.
(via reader Marc)
1 comment:
One item that gets very little press time is that QE and Keynesian government deficit spending are theories developed in low or no existing government debt. Yet the two theories were simultaneously deployed in an environment of hyper-debt.
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