Mad Scientist
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- Sep 15, 2008
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"Debt ratio will NEVER stabilize" That means it will always rise and will never level off.
IMF Says Japan And Spain Are Done, "Debt Ratio Will Never Stabilize" | ZeroHedge
IMF Says Japan And Spain Are Done, "Debt Ratio Will Never Stabilize" | ZeroHedge
Sorry about the bold print. My computer will do that to me sometimes in the process of copy/pasting.What is more troubling is the significant upward revision to all of the peripheral European nations (with Greece now at 171% Debt/GDP in 2013 versus 160.9% forecast only 3 months ago). While the average debt-to-GDP ratio among advanced economies is projected to continue to rise over the next two years, surpassing 110 percent of GDP on average in 2013, debt ratios will by then have peaked in several advanced economies - though rather explosively they do not see debt ratios for Spain and Japan stabilizing. Debt/GDP ratios seen rising across Europe and most specifically Greece is losing it again and Spain bleeding fast...