Comments on: Debt to GDP Ratios Indicate Governments Going Bankrupt

By: Credit Card Tips

Credit Card Tips — Tue, 06 Jul 2010 08:25:40 +0000

I like this,this is too good.
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mark01

By: Birdie

Birdie — Wed, 26 May 2010 10:57:23 +0000

Interesting in light of current events!

By: blue monkey

blue monkey — Wed, 12 May 2010 02:16:29 +0000

Greece and Spain won’t pay back. This was a calculated Risk, and a Lesson for the Banking System. What is happening in Greece, is a very well orchestrated show, to get granted €110bn aid, to avert meltdown.
The only thing Germans can do is:
REPOSSESS 170 Leopard 2AEX Battle Tanks from Greece, and 190 Leopard 2A6E Battle Tanks from Spain.
U.S.A must REPOSSESS 170 F-16 Jet Fighters from Greece, … the rest is gone with the wind …forever …
Greece must stop paying lucrative pensions with borrowed money, reform the free health care system, and cut down, 4 times the military budged.
Greece’s problem is too much debt. Greece has a budget deficit of 12.7% of GDP – meaning that the country is spending 12.7% more than the value of one year’s economic output.
Greece is no different to a serial credit card borrower who can’t pay back his loans. But just like a serial credit card borrower, as long as Greece keeps relying on borrowed money to fund itself, the problem won’t go away. It will just get worse.
http://www.defenseindustrydail.....der-05801/
But don’t worry; the ECB, the Fed or both will print the money.
And all of us will share the pain, with our hard-earned money.
Bad is never good until worse happens.

By: Market Turmoil: Why Greece? | The Moderate Voice

Market Turmoil: Why Greece? | The Moderate Voice — Fri, 07 May 2010 18:46:21 +0000

[...] of that debt held by the government. They also don’t show savings rates, which some argue have made Japan’s levels less perilous. Note: the U.S. savings rate is among the developed world’s [...]

By: On the Economy « Pond’rings

On the Economy « Pond’rings — Thu, 19 Nov 2009 06:00:24 +0000

[...] Whiskey and Gunpowder has another chart showing another side to this problem. When you draw demand into the present through debt at a higher rate than you can increase production, you eventually have to “roll” the debt over. This is like using one credit card to pay another credit card off. An interesting indicator is the amount of debt that needs to be “rolled” in the nest short period of time. [...]

By: William Jorgensen

William Jorgensen — Thu, 19 Nov 2009 05:17:49 +0000

The Commercial Real Estate Bust will be here in two quarters, the results of that addition will cripple many banks, who’ve been allowed to hide most of their debt off-the-book (which just means they don’t add it to their published debt burden). Add to this miasma the decline in natural resources, from oil to gold and everything in between, and we have a nasty surprise or two in store yet.

By: Brian

Brian — Fri, 06 Nov 2009 19:10:47 +0000

Lost Decade for the US? I guess it doesn’t matter to anyone else that the markets are currently at the same level they were in 2000? Looks like we have lost a decades worth of value to me.
Public taxation policy needs to be changed to:
1. Encourage individuals to SAVE their hard earned cash.
2. Significantly reduce the number of non-productive blood-suckers in the system (ie. bureaucrats).
3. Reduce taxation to the level to support “necessary” public weal. For instance, education that actually (gasp) teaches reading, writing, and arithmetic; peace officers that actually patrol our neighborhoods and arrest criminals, National defence, etc.
4. Make it less than lucrative to be a lifelong political officeholder.

Just random thoughts. Maybe I’d better tone it down or I might get banished to Texas…….hmmmm, then again…..

By: Scott A

Scott A — Fri, 06 Nov 2009 13:41:40 +0000

I’ll tell you how Japan is financing their high deficit as a percentage of GDP without negatively impacting their economy. They’re second only to China in terms of current account surplus. The US is dead last.

By: uberVU - social comments

uberVU - social comments — Fri, 06 Nov 2009 05:44:25 +0000

Social comments and analytics for this post…

This post was mentioned on Twitter by AgoraFinancial: Debt to GDP Ratios Indicate Governments Going Bankrupt: Are the Western Welfare States (the U.S., Japan, and EU nati… http://bit.ly/20ATlV…

By: Mirka Holbrook

Mirka Holbrook — Thu, 05 Nov 2009 21:29:56 +0000

I wish the Government would stop interfering in our lives.