Private debt to GDP

Aug 22, 2011 1 Replies
W
1945 private debt equalled 2% of US GDP
2007 private debt equalled 121% of US GDP


2015 interest payments on US private debt will exceed GDP.



End of empire is nigh.


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J

No in 2007 the US private sector debt was around 300% of GDP

[snipped silliness]
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