Wednesday, November 23, 2011

The U.K. Has the Biggest Combined Debt to GDP in the World; Korea, the 6th

As one can see in the below chart, the U.K. has the greatest debt (government, business and bank, and household debt combined) to GDP in the world. Korea comes in sixth. Yes, Korea hasn’t recovered from the 1997 financial crisis in a genuine sense.

From Zero Hedge:



http://www.zerohedge.com/news/goldmans-sigma-x-hints-who-next-contagion-target

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