[P2P-F] Germany has Hidden Debt??

[ideasinc at ee.net]

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  
<dante.monson at gmail.com> 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-bought-approximately-80-percent-of-u-s-treasury-securities-issued-in-2009
>
> 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-by-2011-4261.html
>
> 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 <dharao4 at yahoo.co.uk>  
> 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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