GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Which bubble will WIPE OUT the global ECONOMY?

slapass · 03-08-2015, 05:56 PM

Check out the govt debt bubble. Or the debt bubble in general.

Global debt has grown by $57 trillion in seven years following the financial crisis | News | The Guardian

The US consumer has been paying theirs down for the last two years or whatever it is but that is nothing in the 15 year time line. Japan is basically screwed and no one wants to admit it.

Forget Greece, Japan is the world's real economic time bomb - Fortune

China has blown up their debt in every sector but honestly they save so much hard cash that I doubt it could be an issue except as a draw on growth at some point.

03-08-2015, 05:56 PM
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Check out the govt debt bubble. Or the debt bubble in general. Global debt has grown by $57 trillion in seven years following the financial crisis \| News \| The Guardian The US consumer has been paying theirs down for the last two years or whatever it is but that is nothing in the 15 year time line. Japan is basically screwed and no one wants to admit it. Forget Greece, Japan is the world's real economic time bomb - Fortune China has blown up their debt in every sector but honestly they save so much hard cash that I doubt it could be an issue except as a draw on growth at some point.