TOTAL CREDIT MARKET DEBT AS % OF DGP CHART LINK
I think this chart more or less speaks for itself.....isn't it OBVIOUS....after a record, historical run of DEBT for growth and consumption....we are now enterring a period of painful of adjustment and contraction....reversion to the mean...and have barely begun....what policies are going to change this?
D
Subscribe to:
Post Comments (Atom)
2 comments:
Actually the graph will get worse before we revert. This is because debt will go up some more and GDP will be less and less. Take a look at 1930 on the graph.
We have borrowed heavily from the future. The next generation will not be happy.
I'm not so sure, once the contraction (deflation)correction begins, I don't think there is enough INK to reverse what has begun.
I have posted 1980-present NIKKEI and there have been periods of great rallies, but each time only to fall to new lows....escape velocity from DEFLATION once it gains hold may prove near impossible.....keep eyes open for any possibility....would prefer we not mirror Japan
Post a Comment