The Developed World is Soooo … 2006

Good graphic from new IMF report looking at trends in debt/GDP ratios in future, and specifically comparing the developed and developing economies. The inversion remains striking. Remind why we people "developed" economies call them developed economies again? Because they have developed a fully metastasized case of societally terminal debt?

debt

Related posts:

  1. The Big Bill: Debt and Developed Countries
  2. The Case for a First-World Debt Relief Conference
  3. Quote du Jour: Developing vs Developed
  4. Heathrow: Worst Airport in the World
  5. Global Debt to Equity Ratio: 2005-2010