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October 29, 2017 | United Nations of Debt: Visualizing $63 Trillion in Global Debt by Country

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Jeff Desjardins, the Visual Capitalist posted a nice chart of global debt on his website on Friday. I added lines in blue to group the Eurozone countries for comparison purposes. Poland is not on the Euro, but rather the Zloty. Clean boundaries were visually difficult in a single shape.

US is the leader in global debt with 31.8% of the IMFs’s estimated $63 trillion in total debt.

Debt Top Five

Charts from the Visual Capitalist .

On a Debt-to-GDP basis the US does not look so bad and China looks downright good. But that assumes you believe China’s reported GDP and it also assumes you do not count unfunded liabilities in the US.

Mike “Mish” Shedlock

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October 29th, 2017

Posted In: Mish Talk

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