What Does Government Debt Look Like Across the Globe?

What Does Government Debt Look Like Across the Globe? Government debt has risen to over $63 trillion in absolute terms. Japan is the most indebted countries in the world, with debt-to-GDP ratio of 237.6% in 2017. The United States debt-to-GDP ratio is 105.2% in 2017. Picture source: howmuch.net

U.S. Debt Ratios to GDP (Household, Corporate, Government)

U.S. Debt Ratios to GDP (Household, Corporate, Government) U.S. households remain far less in debt than during the Great Recession, but U.S. corporate debt continues to rise rapidly and has exceeded record levels . Picture source: Pictet Wealth Management

The Amount of Outstanding Negative-Yielding Debt since 2009

The Amount of Outstanding Negative-Yielding Debt since 2009 Investors are paying governments for the privilege of holding their bonds and are losing so much money in real terms. Raising interest rates in the future could be painful for bond investors. Picture source: Jeroen Blokland, Bloomberg

91.2% Correlation Between Gold Price and U.S. National Debt

91.2% Correlation Between Gold Price and U.S. National Debt According to the National Inflation Association, there’s 91.2% correlation between gold price and U.S. national debt. The U.S. government’s public debt is now more than $22 trillion. Over the long term, the price of gold could continue to rise as debt increases. Picture source: U.S. Global…

U.S. Debt to Nominal GDP Ratios from 1975 to 2019

U.S. Debt to Nominal GDP Ratios from 1975 to 2019 Government debt: 97.2% of Nominal GDPHousehold debt: 76.4% of Nominal GDPNon-financial corporate debt: 73.9% of Nominal GDP You may also like “Is U.S. Household Debt a Problem?“ Picture source: J.P. Morgan Asset Management “Guide to the Markets” for Q2 2019

Why We Should Not Be Afraid By China’s Debt?

Why We Should Not Be Afraid By China’s Debt? In China, there is a high level of savings and controls on capital outflows. Currently, most of the Chinese savings are lent or invested in China. So, China’s debt reflects the Chinese savings rate. It would be much more worrying if China’s debt led to external debt,…

Greek’s 5-Year Bond Yields Have Fallen Below US 5-year Government Bond Yield

Greek’s 5-Year Bond Yields Have Fallen Below US 5-Year Government Bond Yield Which one would you choose? Greek bonds or US counterparts? This is a great example of financial market madness. Mark Twain once said, “History doesn’t repeat itself, but it does rhyme.” That’s true! Greece has spent around half its time in default on its…