What Country has the most Unsustainable Debt?

Discussion in 'Property Market Economics' started by Graeme, 13th Oct, 2015.

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  1. Graeme

    Graeme Well-Known Member

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    An infographic by How Much showing the relationship between debt and GDP.

    [​IMG]

    Looks like we're doing OK here in Australia.
     
    Graeme, 13th Oct, 2015
    #1
    radson likes this.
  2. See Change

    See Change Well-Known Member

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    Oh good

    Nice to know we're not going down the gurgler

    Cliff
     
    See Change, 13th Oct, 2015
    #2
  3. TJamesX

    TJamesX New Member

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    TJamesX, 13th Oct, 2015
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    Perthguy and HomePage like this.
  4. Rumplestiltskin

    Rumplestiltskin Well-Known Member

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    Russians are doing very well.
     
    Rumplestiltskin, 13th Oct, 2015
    #4
  5. adrian_christian

    adrian_christian Well-Known Member

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    Italy not going so well.....in the red with negative growth and over 100% debt ratio. Not getting the same coverage as Greece, Portugal, Ireland was/is getting. Don't be fooled by the South African figures either, that economy is going down the proverbial toilet.
     
    adrian_christian, 13th Oct, 2015
    #5
  6. Big Red

    Big Red Well-Known Member

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    The thing that is stupid is everyone owes everyone else money so who actually owns the debt?
     
    Big Red, 14th Oct, 2015
    #6
  7. Perthguy

    Perthguy Well-Known Member

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    I am concerned about Australia's level of personal debt too, especially credit card debt and unsecured personal loans. I think that increasing levels of these kinds of debts will impact the economy.
     
    Perthguy, 14th Oct, 2015
    #7
  8. Casteller

    Casteller Well-Known Member

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    A lot of a countries debt is owed to institutions within that country itself via securities it has created and sold. Also foreign central banks and sovereign wealth funds are big purchasers.
     
    Casteller, 14th Oct, 2015
    #8
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