Friday , 19 December 2014

World Debt 101

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“World Debt 101″ examines some of the world’s largest economies and illustrates just how much they have borrowed and what measures many of their  governments are now taking to curb spending and narrow those deficits.

So says Liam Fisher (http://creattica.com) in edited excerpts from the introduction to an infographic* produced in conjunction with IronFX and presented here courtesy of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds).

 

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*http://creattica.com/infographics/world-debt-101/89761

Related Articles:

1. Finally! Someone With the Balls to Face Reality and Outline the Probable Outcome & Utter Hopelessness of America’s Debt Problems

Debt-130x90

Many articles are being written these days that more or less scope the dire financial circumstances the U.S. is in. That being said, I had not been able to find one “analyst” – even one – who had the guts to outline the probable outcome and general hopelessness of the situation and to offer any meaningful prescription for investors to survive this coming catastrophe – until now. Words: 710

2. U.S. Continues to Lead the World — In Debt!

10623945-the-word-debt-in-the-american-flag-colors-americans-in-debt

The USA continues to decline economically relative to some parts of the world, most notably those in Asia yet we still lead in many areas. Unfortunately being number one is some categories is not a good thing and our level of debt is one of these areas. In fact, our debt burden leads the world. [A look at the charts below illustrates that all too clearly.] Words: 272

3. World’s Largest Economies Have NO Choice But to Engage in Massive Money Printing – Here’s Why

money printing

The choice facing the leaders of the world’s largest economies is a simple one: Either they engage in massive money printing, or they let the world slip into another great depression. This article examines why they have no choice but to print money, something which will have significant consequences for everyone. Words: 560

4. Eric Sprott: More Government Spending Is NOT the Answer to Our Economic Woes – Here’s Why

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In today’s overleveraged world, greater deficits and government spending, financed by an expansion of public debt and the monetary base (“the printing press”), are not the answer to our economic woes. In fact, these policies have been proven to have a negative impact on growth. [Therefore] as long as we continue down this path, the “solution” will continue to be the problem. There is no miracle cure to our current woes and recent proposals by central planners risk worsening the economic outlook for decades to come. [Let us explain.] Words: 1510

5. What Will the Outcome of All the QE Mean for the U.S. (and the World)?

global_economic_crisis

At the risk of looking/sounding like some crazed religious fanatic usually seen carrying a sign or proclaiming: “Repent, the end is near,” I shall avoid the word “repent”. To me, the rest of that proclamation appears accurate and reasonable, at least with regard to our economic condition. [Let me explain:] Words: 1896

6. Richard Duncan: IF Credit Bubble Pops Civilization Won’t Survive the Depression that Follows

recession

Our civilization would not be able to handle such a transition from an expansionary credit based economy where goods and services were readily available into a paradigm of credit contraction, supply shortages and destitution and this is what is coming. There is no way to prevent it – only to defer it until a later date – and that day will soon be upon us. Words: 590