Moody’s has adjusted the sovereign debt ratings of EU and other Western countries in order to reflect their susceptibility to growing financial and macroeconomic risks. Following is a comparison of the 10 countries deepest in debt, the countdown beginning with no. 10, with the U.S. at #7 and #1 awarded to … Japan: 10. United […]
Posts Tagged ‘sovereign debt’
Which Country Debt is nearly 1000% of its GDP?
December 9, 2011Which country debt is nearly 1000% of its GDP? It’s the UK, as per this excellent chart from Morgan Stanley. A few notes here: • This chart is looking at all kinds of debt, not just sovereign debt. The UK’s staggering debt-to-GDP ratio is largely due to the size of its financial sector. • All […]
The declining exchange value of the US dollar
August 13, 2011There is no danger of the US defaulting on its bonds. The bonds are denominated in US dollars, and dollars can be created without limit. If equities continue to fall, if flight continues from the euro, if bank fees drive people out of cash, it is possible, for awhile, that the inflows into Treasuries can […]
The 15 countries most buried under debt
July 17, 2011Soaring sovereign debt has called into question the existence of a number of major European countries. But many other countries also have serious debt to GDP ratios: #15 Portugal Debt as percent of GDP: 93 #14 France Debt as percent of GDP: 83.5 #13 Sri Lanka Debt as percent of GDP: 86.7 #12 Sudan Debt […]
