Jan 022012

This is a bit mind blowing. The US debt is a bad situation. Japan after fighting its slump for decades is even worse. Both of them are not critical yet, but very well could be if China and others decide to stop buying bonds. However recent data analysis on British debt shows it now has a 950% private debt to GDP ratio, and a financial sector debt ratio alone of over 600%. Read more here:

Everyone Is Starting To Realize The Size Of Britain’s Debt Crisis