<div><br></div>Would be interesting to compare such figures with other aging "developed" countries ?<div>Possibly similar kinds of figures can be found ?</div><div><br></div><div>///<br><div><br></div><div>Perhaps a major question is "who owns the debt" ?</div>
<div><br></div><div><div>///<br><div><br></div><div>In the case of Japan, debt is at 227 percent in 2010, but is almost entirely Japanese owned.</div><div><br></div><div>///</div><div><br></div><div>As for External Debt , some countries like Germany or Japan have export surpluses to compensate it ?</div>
<div><br></div><div><a href="http://www.indexmundi.com/germany/debt_external.html">http://www.indexmundi.com/germany/debt_external.html</a><br><div><br></div><div>///</div><div><br></div><div>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.</div>
<div><br></div><div>When looking at who owns US debt, it is not as much the Chinese or the Japanese, as the Private Central Bank / "The Fed" ?</div><div><br></div><div>(�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 )�</div>
</div><div><br></div><div>here is another link :</div><div><br></div><div><a href="http://theeconomiccollapseblog.com/archives/ponzi-scheme-the-federal-reserve-bought-approximately-80-percent-of-u-s-treasury-securities-issued-in-2009">http://theeconomiccollapseblog.com/archives/ponzi-scheme-the-federal-reserve-bought-approximately-80-percent-of-u-s-treasury-securities-issued-in-2009</a></div>
<div><br></div><div>as for other US debt owners</div><div><br></div><div><div><a href="http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns">http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns</a></div>
<div><br></div><div>In the case of the US dollar, freeloading on the dollar being a world reserve currency ?</div><div><br></div><div><br></div><div><br></div><div>///</div><div><br></div><div><a href="http://www.2point6billion.com/news/2010/03/04/china-debt-96-percent-of-gdp-by-2011-4261.html">http://www.2point6billion.com/news/2010/03/04/china-debt-96-percent-of-gdp-by-2011-4261.html</a></div>
<div><br></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 20px; ">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.</span></div>
<div><font class="Apple-style-span" face="Arial, Helvetica, sans-serif"><span class="Apple-style-span" style="font-size: 12px; line-height: 20px;"><br></span></font></div><div><font class="Apple-style-span" face="Arial, Helvetica, sans-serif"><span class="Apple-style-span" style="font-size: 12px; line-height: 20px;">//<br>
</span></font></div><div><font class="Apple-style-span" face="Arial, Helvetica, sans-serif"><span class="Apple-style-span" style="font-size: 12px; line-height: 20px;"><br></span></font></div><div><font class="Apple-style-span" face="Arial, Helvetica, sans-serif"><span class="Apple-style-span" style="font-size: 12px; line-height: 20px;"><a href="http://www.currentusanationaldebt.com/National-Debt-of-Japan.html">http://www.currentusanationaldebt.com/National-Debt-of-Japan.html</a></span></font></div>
<div><font class="Apple-style-span" face="Arial, Helvetica, sans-serif"><span class="Apple-style-span" style="font-size: 12px; line-height: 20px; "><br></span></font></div><div><span class="Apple-style-span" style="font-family: Verdana, sans-serif; font-size: 13px; background-color: rgb(255, 255, 255); ">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.</span><span class="Apple-style-span" style="font-family: Verdana, sans-serif; font-size: 13px; background-color: rgb(255, 255, 255); ">�</span></div>
<div><font class="Apple-style-span" face="Verdana, sans-serif"><br></font></div><div><font class="Apple-style-span" face="Verdana, sans-serif"><br></font><div class="gmail_quote">On Wed, Sep 28, 2011 at 11:18 AM, robert searle <span dir="ltr"><<a href="mailto:dharao4@yahoo.co.uk">dharao4@yahoo.co.uk</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div><div style="color:#000;background-color:#fff;font-family:times new roman, new york, times, serif;font-size:12pt">
<div>�</div>
<div>I think the following maybe of interest.</div>
<div>�</div>
<div>
<div><strong><a href="http://www.bloomberg.com/news/2011-09-23/germany-has-5-trillion-euros-of-hidden-debt-handelsblatt-says.html" rel="nofollow" target="_blank"><font color="#3b5998">Germany Has 5 Trillion Euros of Hidden Debt, Handelsblatt Says</font></a></strong> </div>
<span><a href="http://www.bloomberg.com/" rel="nofollow nofollow" target="_blank"><font color="#3b5998">www.bloomberg.com</font></a></span>
<div>Germany�s public debt is much higher than officially shown, Handelsblatt reported, citing calculations by Bernd Raffelhueschen, an economics professor at Freiburg University.<var></var></div></div></div></div><br>_______________________________________________<br>
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