I think the following maybe of interest. Germany Has 5 Trillion Euros of Hidden Debt, Handelsblatt Says www.bloomberg.com Germany’s public debt is much higher than officially shown, Handelsblatt reported, citing calculations by Bernd Raffelhueschen, an economics professor at Freiburg University.
Would be interesting to compare such figures with other aging "developed" countries ? Possibly similar kinds of figures can be found ? /// Perhaps a major question is "who owns the debt" ? /// In the case of Japan, debt is at 227 percent in 2010, but is almost entirely Japanese owned. /// As for External Debt , some countries like Germany or Japan have export surpluses to compensate it ? http://www.indexmundi.com/germany/debt_external.html /// What I am interested in, is Central Banks buying over debt, with money they create out of thin air, increasing the monetary mass, but eventually leading to debasing the currency. When looking at who owns US debt, it is not as much the Chinese or the Japanese, as the Private Central Bank / "The Fed" ? ( I remember a chart, where one could see that one of the big US debt buyers is the federal reserve... - but I can not find that reference right now ) here is another link : http://theeconomiccollapseblog.com/archives/ponzi-scheme-the-federal-reserve... as for other US debt owners http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns In the case of the US dollar, freeloading on the dollar being a world reserve currency ? /// http://www.2point6billion.com/news/2010/03/04/china-debt-96-percent-of-gdp-b... The United States’ debt to GDP ratio is 94 percent, the United Kingdom is at 380 percent, Japan at 227 percent, Greece at 115 percent and Spain at 70 percent. // http://www.currentusanationaldebt.com/National-Debt-of-Japan.html Japan carries a huge debt load, but it is different than what other countries carry. The key issue is not the debt itself, but who owns it. In this case, the Japanese debt is owned almost entirely by the citizens and companies of the country. On Wed, Sep 28, 2011 at 11:18 AM, robert searle <[email protected]> wrote:
I think the following maybe of interest.
*Germany Has 5 Trillion Euros of Hidden Debt, Handelsblatt Says<http://www.bloomberg.com/news/2011-09-23/germany-has-5-trillion-euros-of-hidden-debt-handelsblatt-says.html> * www.bloomberg.com Germany’s public debt is much higher than officially shown, Handelsblatt reported, citing calculations by Bernd Raffelhueschen, an economics professor at Freiburg University.
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Just one of the issues that has been averted discussion in the EMU meltdown is the patently bad debt being held by German and French banks was the result of the same dynamic as occurred fir the US. What Geithner is now advocating for the EMU is a bail-out of those banks, it is not about the resuscitation of the EMU economies. It has almost always been framed a problem created by the PIIIGS countries, though the whole concept of the EMU/EU as it was perpetrated was predicted by informed people to implode. This is what world government in service to the plutocrats looks like, think Bilderberg. Subverting the nominal socialist and pro-labor governments was part of the take down. "Quantitative easing" both in Japan and more recently elsewhere has never been about supporting the productive parts of those economies. This is how economic illiteracy is exploited. Tadit On Wed, 28 Sep 2011 06:31:41 -0400, Dante-Gabryell Monson <[email protected]> wrote:
Would be interesting to compare such figures with other aging "developed" countries ? Possibly similar kinds of figures can be found ?
///
Perhaps a major question is "who owns the debt" ?
///
In the case of Japan, debt is at 227 percent in 2010, but is almost entirely Japanese owned.
///
As for External Debt , some countries like Germany or Japan have export surpluses to compensate it ?
http://www.indexmundi.com/germany/debt_external.html
///
What I am interested in, is Central Banks buying over debt, with money they create out of thin air, increasing the monetary mass, but eventually leading to debasing the currency.
When looking at who owns US debt, it is not as much the Chinese or the Japanese, as the Private Central Bank / "The Fed" ?
( I remember a chart, where one could see that one of the big US debt buyers is the federal reserve... - but I can not find that reference right now )
here is another link :
http://theeconomiccollapseblog.com/archives/ponzi-scheme-the-federal-reserve...
as for other US debt owners
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns
In the case of the US dollar, freeloading on the dollar being a world reserve currency ?
///
http://www.2point6billion.com/news/2010/03/04/china-debt-96-percent-of-gdp-b...
The United States’ debt to GDP ratio is 94 percent, the United Kingdom is at 380 percent, Japan at 227 percent, Greece at 115 percent and Spain at 70 percent.
//
http://www.currentusanationaldebt.com/National-Debt-of-Japan.html
Japan carries a huge debt load, but it is different than what other countries carry. The key issue is not the debt itself, but who owns it. In this case, the Japanese debt is owned almost entirely by the citizens and companies of the country.
On Wed, Sep 28, 2011 at 11:18 AM, robert searle <[email protected]> wrote:
I think the following maybe of interest.
*Germany Has 5 Trillion Euros of Hidden Debt, Handelsblatt Says<http://www.bloomberg.com/news/2011-09-23/germany-has-5-trillion-euros-of-hidden-debt-handelsblatt-says.html> * www.bloomberg.com Germany’s public debt is much higher than officially shown, Handelsblatt reported, citing calculations by Bernd Raffelhueschen, an economics professor at Freiburg University.
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On Wed, Sep 28, 2011 at 11:15 AM, <[email protected]> wrote:
This is what world government in service to the plutocrats looks like, think Bilderberg. Subverting the nominal socialist and pro-labor governments was part of the take down.
?
participants (4)
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Dante-Gabryell Monson -
ideasinc＠ee.net -
robert searle -
robin