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Which countries have accumulated the most private debt since 2008?
Topic Started: 5 Oct 2015, 08:24 PM (721 Views)
peter fraser
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Which countries have accumulated the most private debt since 2008?
By Mike Bird
Sep 25 2015 LINK.

Citi Research’s latest global economic outlook is out, and it’s crammed full of interesting data and charts on the state of the world right now. One of those charts shows how much private debt countries have accumulated since 2008.

Some countries have de-leveraged — reduced their debt levels — though not very many. The UK comes out as the most serious debt reducer, according to Citi, cutting private debt levels by over a fifth of GDP. The US has also seen genuine reductions.

China and Hong Kong comes out on the other end of the scale, having increased private debt by more like 80-100% of GDP, thanks to an explosion in corporate borrowing that Beijing is now trying to restrain.

The graph shows private debt accumulation from the first quarter of 2008 to the first quarter of 2015, and it’s in terms of each country’s GDP, so the figures are comparable:

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Edited by peter fraser, 5 Oct 2015, 08:25 PM.
Any expressed market opinion is my own and is not to be taken as financial advice
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Rastus2
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peter fraser
5 Oct 2015, 08:24 PM
Which countries have accumulated the most private debt since 2008?
By Mike Bird
Sep 25 2015 LINK.

Citi Research’s latest global economic outlook is out, and it’s crammed full of interesting data and charts on the state of the world right now. One of those charts shows how much private debt countries have accumulated since 2008.

Some countries have de-leveraged — reduced their debt levels — though not very many. The UK comes out as the most serious debt reducer, according to Citi, cutting private debt levels by over a fifth of GDP. The US has also seen genuine reductions.

China and Hong Kong comes out on the other end of the scale, having increased private debt by more like 80-100% of GDP, thanks to an explosion in corporate borrowing that Beijing is now trying to restrain.

The graph shows private debt accumulation from the first quarter of 2008 to the first quarter of 2015, and it’s in terms of each country’s GDP, so the figures are comparable:

Posted Image

Hmmm.. USA is 2nd best.

I guess people are paying down debt with their amazkngly low rates..
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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