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The State Of World 'Macro' At A Glance

Tyler Durden's picture


As you shuffle from cocktail party to cocktail party and reminisce on holding NFLX all month and being short AAPL, perhaps the following 'simple' table should be tucked in your pocket. Since everyone is now a genius stock-picking market guru, sometimes seeing the forest for the trees in macro land is useful... note, red is bad...



Source: Barclays

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Fri, 02/01/2013 - 18:43 | 3207732 401-Kulak
401-Kulak's picture

It lools like the Germans did win the war.

Fri, 02/01/2013 - 18:48 | 3207744 The Reich
The Reich's picture

Unfortunately not, as we hang in the Eurozone and pay their deficts.

Fri, 02/01/2013 - 19:03 | 3207771 Enslavethechild...
EnslavethechildrenforBen's picture


Fri, 02/01/2013 - 21:51 | 3208169 hooligan2009
hooligan2009's picture

remember we are in the "experimental" fed world where we are trying out "up is down, and down is up" for a while in the stock market, just to see if it makes any difference, er, socially.

Sat, 02/02/2013 - 08:34 | 3208865 GetZeeGold
GetZeeGold's picture



They call it practicing medicine for a reason.


Sounds better than calling it a crap shoot.

Fri, 02/01/2013 - 18:55 | 3207762 bank guy in Brussels
bank guy in Brussels's picture

Belgium is the richest of all on the chart in Net External Assets

It is quite a prosperous place in fact ... tho charmingly and quietly so, we like it that way


Fri, 02/01/2013 - 19:00 | 3207766 Stackers
Stackers's picture

and the winner is Port.


the object of the game is to get the most red boxes right ?

Sat, 02/02/2013 - 11:27 | 3209014 Pool Shark
Pool Shark's picture






Fri, 02/01/2013 - 21:50 | 3208162 hooligan2009
hooligan2009's picture

yep, no government at all for three years right? just getting the dregs from the ecb liquidity sloshing through the manneken pis? too bad the walloons and the flemish can't get close enough together to have a fight because there are too many fat and pig faced eurocrats swilling from the massive troughs! has belgium even got a democratcially elected government yet? its been, what, 5 years now since they had one?

Sat, 02/02/2013 - 05:50 | 3208808 TPTB_r_TBTF
TPTB_r_TBTF's picture

5 years with no govt?

Is there a lesson we can learn from this?

Fri, 02/01/2013 - 19:36 | 3207826 whatsinaname
whatsinaname's picture

The UK numbers look like they are way off ?

Fri, 02/01/2013 - 21:55 | 3208142 hooligan2009
hooligan2009's picture

only that unfunded liabilities (£144bn in civil service pensions, for example) add another 10% to the gross and net debt to GDP numbers.

check this out for a really bearish view that makes barclays look like the spreadsheet jockeys they really are


Sat, 02/02/2013 - 06:51 | 3208828 Go Tribe
Go Tribe's picture

And the Canadians.

Fri, 02/01/2013 - 18:46 | 3207736 MrX
MrX's picture

I would buy stock in Marijuana.
see here:

Fri, 02/01/2013 - 18:51 | 3207748 bobthehorse
bobthehorse's picture

I have no idea what that chart means.

I'm far too stupid to read it.


Sat, 02/02/2013 - 05:53 | 3208810 TPTB_r_TBTF
TPTB_r_TBTF's picture

... and too stupid to use a fryer.

Fri, 02/01/2013 - 18:56 | 3207751 knukles
knukles's picture

Who the fuck goes to "cocktail parties" anymore?

So quaint.
Like licking stamps.

Fri, 02/01/2013 - 19:16 | 3207789 IridiumRebel
IridiumRebel's picture

Fancy a game of pinochle, ol' chap?

Fri, 02/01/2013 - 19:28 | 3207808 kaiserhoff
kaiserhoff's picture

I remember pinochle.  Played quite a bit until we discovered you could still play uno while "three sheets to the wind."

aka -  pissed as a rat.

Fri, 02/01/2013 - 20:03 | 3207862 Hangfire
Hangfire's picture

Jenga is my drinking game of choice, the booze calms my shakes just enough to create tall stacks, which these days is all anyone should be concentrating on.   

Fri, 02/01/2013 - 22:21 | 3208137 hooligan2009
hooligan2009's picture

i am going to invent a new game called "vent"

it will consist of a zinc bath and glass bottles which you smash in it...plus, and here's the real doozy, a glass recycling machine that you put the broken glass in...to make new bottles!

Fri, 02/01/2013 - 19:12 | 3207786 Iam Yue2
Iam Yue2's picture

Wtf; Ireland's all red.

Reminds me of todays IMF report into the country, which concludes that "These findings suggest that Ireland is poised to return to its path of strong growth and low imbalances."

And then has the audacity to note:

"Second, the post-crisis environment of high household debt, high unemployment, and bank fragility presents challenges that do not feature in our analysis and merit to be researched further."

The Jaundiced eye......

Fri, 02/01/2013 - 21:40 | 3208130 hooligan2009
hooligan2009's picture

they are already a penal colony of the banks...but then bank of america thinks they are so grubby, they are resiting to a less grubby place...london!

Fri, 02/01/2013 - 19:20 | 3207793 IridiumRebel
IridiumRebel's picture

Blood flows red on the balance sheet.

Fri, 02/01/2013 - 19:25 | 3207804 SmittyinLA
SmittyinLA's picture

Oh "Macro" I thought you were talking about the Cuban anchor baby kid Marco

Fri, 02/01/2013 - 19:57 | 3207856 tempo
tempo's picture

If zirp works so damn well, lets go all out and double the annual deficit and have the FED balance sheet double again in 3 years. Is there a point where wage inflation kicks in? Maybe with 7 billion people, there will be only the rich/connected and the poor waiting for their food stamps, watching TV, doing drugs. But the fall out will be seen in decaying society. Will the number of babies being born out of wedlock reach 90%? Will the number of black young men in prison or killed in ramdon acts of violence reach 90%? Are these things connected?

Fri, 02/01/2013 - 22:21 | 3208123 hooligan2009
hooligan2009's picture

you got it!! no need to work hard to earn dollars ..or pay taxes to buy missiles and pay benefits...the fed just has to print it!

Fri, 02/01/2013 - 19:59 | 3207857 ersatzteil
ersatzteil's picture

All that red and yellow is hard on the eyes. Can Tyler re-post using shades of Krugman's beard, and title the chart 50 Baziliion-Quadrillion-Infinty Shades of Grey?

Fri, 02/01/2013 - 20:05 | 3207867 lakecity55
lakecity55's picture

Hey! We're equal to Greece! We have 2 yellow blocks, and so do they!

Wow! Cool!


Fri, 02/01/2013 - 20:20 | 3207882 euflated
euflated's picture

US gross government debt 113% in 2017 ? Yeah right.

It's already 103% (according to the table even 113%), and they're running yearly deficits of 10%, so 103% plus 10% times 5 years = more like 153%.

Fri, 02/01/2013 - 21:37 | 3208117 hooligan2009
hooligan2009's picture

the 51st poodle state (UK) is going to suffer an attack of the clones as well

Sat, 02/02/2013 - 00:28 | 3208568 W74
W74's picture

Or just an attack by Pakis and Somalis.  KEEP IMPORTING.

Sat, 02/02/2013 - 03:22 | 3208733 dunce
dunce's picture

It might be worse if you consider compounding.

Fri, 02/01/2013 - 21:08 | 3208007 Taint Boil
Taint Boil's picture



Well at least Germany has one red square (actually it isn't a square it is a rectangle but I'm not going to back space [oops, backspace is one word] and change it - deal with it). Red is the bad one ... right?

Fri, 02/01/2013 - 21:22 | 3208057 LoneuhRanger
LoneuhRanger's picture

Jesus, it looks like Canada is where the meteorite will strike.

Us or Germany...

Sat, 02/02/2013 - 07:48 | 3208846 Taint Boil
Taint Boil's picture



LOL, maybe I’m the only one who got it.

The MSM is ripe with “news” about new planets, space mining, and too close for comfort meteors zipping past earth. The sheeple are being conditioned for the great culling of the herd. 

Fri, 02/01/2013 - 23:27 | 3208451 Mister Minsk
Mister Minsk's picture

I see a lot of blood everywhere...

Sat, 02/02/2013 - 04:56 | 3208779 laosuwan
laosuwan's picture

state of the world? where is india, china, indonesia, russia?  that's only 80% of the world

Sat, 02/02/2013 - 05:48 | 3208803 From Germany Wi...
From Germany With Love's picture

I take from that that everything is okay here, except we should stop using condoms and start having more sex.

Sat, 02/02/2013 - 13:16 | 3209148 The big unzip
The big unzip's picture

I'll take $500 on USA red 113.

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