This page has been archived and commenting is disabled.

Presenting The Interactive "Wiggle-Room Index" Or Which Countries Will Be Forced To Bail Out The Developed World

Tyler Durden's picture


Update: literally seconds after this article was posted, we receive news that the IMF will seek Saudi contribution to the European bailout fund. There you have it - you enjoy that implicit US protection Saudi emirs? It is about to cost you.

While it is best to pray that NASA will find some very rich and not so intelligent life on Mars so it can bail out the world as it sinks deeper and deeper into a untenable debt hole (which somehow can be "filled" only by issuing more debt at least according to tenured economists at ivy league institutions), a strategy of planning for a realistic outcome may not be a bad idea. The question then is who in the world has some/any spare leverage capacity to incur even more debt and use the proceeds to fund a Eurozone-American-Chinese collapse. Enter the Economist's "wiggle-room index." The publication, best known for recently introducing the "shoe thrower index" (remember the Arab Spring and how Fed induced runaway inflation generated a "democratic" revolution across MENA?) has compiled a list of those developing world countries which still have capacity to provide credible global bailout capital (in fiat form of course - after all that is the only thing that the Ponzi understands) or as the Economist says, the "emerging economies that have the most monetary and fiscal firepower." So if you are on this list (ahem China, Indonesia and Saudi Arabia) - our condolences - you are about to be dragged into the epic slow-motion ongoing collapse of the developed world, kicking and screaming, with some 44 caliber persuasion if needed, but you will be there, before it all falls apart. The time to repay all favors to Uncle Sam is

The interactive chart is as follows:

the Economist's commentary:

IF THE euro-area debt crisis worsens, it will drag down growth in emerging economies. The good news is that whereas most developed countries have little or no room to cut interest rates or to increase public borrowing, emerging markets as a group still have lots of monetary and fiscal firepower. This chart, based on an analysis by The Economist, ranks 27 emerging economies according to their policy wiggle-room.


We used five indicators to assess each country’s ability to ease monetary policy: inflation, excess credit (the growth in bank lending minus the growth in nominal GDP), real interest rates, currency movements and current-account balances.
Each country was graded on the five indicators, and the scores were then summed to produce an overall measure of monetary manoeuvrability. Next we devised a fiscal-flexibility index, combining government debt and the budget deficit.


The average of the monetary and fiscal measures produces our overall “wiggle-room index”. Countries are coloured in the chart according to our assessment of their ability to ease policy: “green” means it is safe to let out the throttle, and “red” means the brakes need to stay on. It suggests that China, Indonesia and Saudi Arabia have the greatest capacity to use monetary and fiscal policies to support growth. Chile, Peru, Russia, Singapore and South Korea also get the green light. At the other extreme, Egypt, India and Poland have the least room for a stimulus. Argentina, Brazil, Hungary, Pakistan Turkey and Vietnam are also in the red zone.

For those who don't want to go all the way to the last step, and are more curious who will pick up just the Euro tab, between the IMF and the Eurozone, here is an analysis from Reuters showing just that. Of note is that should Germany digs its heels into the mud and say "nichts mehr", then it will be up to the IMF to rescue Europe. To the tune of 61%. Which means you, America.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 01/26/2012 - 17:11 | 2100844 lolmao500
lolmao500's picture

China has 3 trillion in foreign reserve currency. They have enough money to bail out just ONE country in Europe. :)

Saudi Arabia's oil is not infinite. So they would be stupid to bailout other people.

And if I were these countries, I wouldn't accept to bailout anyone if I wouldn't get control or assets as collateral.

Thu, 01/26/2012 - 17:12 | 2100856 whatsinaname
whatsinaname's picture

Could they please take India off that list ? People like the high interest rates which encourages real saving versus 0.25%. Plus the real estate market is already on a tear fuelled by cheap overseas carry money !!

Thu, 01/26/2012 - 17:24 | 2100890 Ahmeexnal
Ahmeexnal's picture

Why does the rest of the world have to pay for the idiocy of the euro-oligarchs?
The rest of the world just voted. The veredict is in.
Message to europe: FOAD.

Thu, 01/26/2012 - 17:29 | 2100901 Manthong
Manthong's picture

I wonder if they come up to ol' Muammar with "an offer youse can't refuse". (?)

Thu, 01/26/2012 - 17:32 | 2100906 Chupacabra-322
Chupacabra-322's picture

Tick toc, tick toc.  The Elite's time is runing out.  Nowhere to run, nowhere to hide. 

Australian PM dragged to safety through a crowd of Aboriginal protesters after being ambushed in restaurant

Read more:

Australian Prime Minister Julia Gillard clung to her bodyguard as she was dragged to safety through a crowd of angry protesters in Canberra today.

"They got the gus, but we got the numbers" - Jim Morrison

Thu, 01/26/2012 - 18:00 | 2100987 Things that go bump
Things that go bump's picture

She almost fell, and they would have had her.  She might have been roughed up, but I doubt they would have killed her. They aren't angry or hungry enough yet.  It looks like she had a good fright though.  I was reminded of the look of horror on Charles and Camilla's face when their limo was stopped and surrounded by rioters a year or two back.  They were en route to some posh event that was probably serving braised infant in truffle sauce.   Next time they are so careless I don't think they will be as lucky. 

Thu, 01/26/2012 - 18:25 | 2101048 Dcheeth2
Dcheeth2's picture

They were on their way to the Royal Variety Show, which raises money for disadvantaged children. 

And only Camilla was shook up, Old Charlie has had many sessions in the Kill House, the training ground of the SAS, so wasn't phased at all. 

Thu, 01/26/2012 - 18:30 | 2101056 Things that go bump
Things that go bump's picture

I suppose the braised babies with truffle sauce were served at the after party then. 

Thu, 01/26/2012 - 18:40 | 2101090 Chupacabra-322
Chupacabra-322's picture

@ Things that go bump, certainly wouldn't be out of the ordinary for these Lucerferians.

British royalty dined on human flesh

They have long been famed for their love of lavish banquets and rich recipes. But what is less well known is that the British royals also had a taste for human flesh.

A new book on medicinal cannibalism has revealed that possibly as recently as the end of the 18th century British royalty swallowed parts of the human body.

The author adds that this was not a practice reserved for monarchs but was widespread among the well-to-do in Europe.

Fri, 01/27/2012 - 01:21 | 2101750 brettd
brettd's picture

Remember that the French Revolution devolved w/in months to anarchy.

So too did Mao's "Cultural Revolution" which is now a motivating/embarrasment in Chinese pop culture...

That's not to say that it won't happen.


Thu, 01/26/2012 - 22:47 | 2101554 Buck Johnson
Buck Johnson's picture

They are trying to twist the ones that have no army and have money to bail out the West.  If they go to Saudi Arabi the country has to know that they won't get their money back.  Back during the 2007 and on crisis, it was reported that SAudi Arabi was wanting to pull a large chunk of their assets out of the UK and some out of the US.  They where threatened by both and they said that they would confiscate their assets as funding for terrorists if attempted and one comment (which is hard to believe but could have happened) is that they where threatend that they would be attacked.  It may be all false, but Saudi Arabi is the focal point of the Petrodollar.  And the US will not allow that to go challenged by anyone or any country. 

Thu, 01/26/2012 - 17:25 | 2100891 trav7777
trav7777's picture

it's all just imaginary money.  Print it...won't make a difference in the end

Thu, 01/26/2012 - 17:47 | 2100930 Captain Kink
Captain Kink's picture

Print, Print, Print = Buy, Buy, Buy!

: Bullish.  

Especially Silver

(threw that last bit in just for you, Trav)   ;-P  

Fri, 01/27/2012 - 03:21 | 2101866 ChickenTikka
ChickenTikka's picture

Seriously, anyone that thinks that a country, like India, run by politicians getting rich off of bribes will give a damn about protecting the West is on crack.  They don't even provide food or basic sanitation to the majority of their population.  The people in charge of the RBI will be eating rice and dal watching us starve and put on a bollywood movie to forget about it.

Thu, 01/26/2012 - 17:20 | 2100863 TruthInSunshine
TruthInSunshine's picture

Haiti-Myanmar-North Korea-Sudan-Eritrea-Union Carpenters & Millwrights of Ontario Pension Fund

Otherwise known as The Group of 6 (G6)

You're up, bitchez. Save us from the inconvenient, moon-high tsunami of fiat debt that's been newly minted/digitized and is about to crash onto our majestic coasts!


*In other news, Joe Wiesenthal of BI notoriety, and a gifted Obama/Lieberman 2012 Propaganda Bundler, is whacking off because Caterpillar beat earnings due to China building ghost cities, while he conveniently nonplusses regarding all the companies that missed earnings today, such as AT&T, Bristol Meyers, Eaton, Lockheed, Raytheon, etc, (or yesterday, or last quarter - cooked books nor currency gaming not even being brought up).

Thu, 01/26/2012 - 17:36 | 2100914 Sudden Debt
Sudden Debt's picture

America's favors are 2 generations old. Nobody remembers or cares anymore.

The one that will go down kicking and screaming is America.

America can't invade the rest of the world to take all the money. It hardly has enough man to keep Irak and Afghanistan occupied en not even enough to invade Iran.

Unless they put in a draft for every man ageing 15 to 65 years old and somehow find a way to build cyborgs to help them fight the world.

It's over... better get into the silver rescue pod boys and girls.


Thu, 01/26/2012 - 18:33 | 2101065 Things that go bump
Things that go bump's picture

A draft is going to be a hard sell, even in the event of a massive false flag. 

Thu, 01/26/2012 - 18:38 | 2101083 magpie
magpie's picture

Even with full patriotic furor it sounds like a sure recipe for Czaristic regime change

Thu, 01/26/2012 - 18:59 | 2101119 1fortheroad
1fortheroad's picture

Not when its the only job to be had, need to think like they do.

Thu, 01/26/2012 - 18:54 | 2101109 11b40
11b40's picture

I truly do hope they try.

Thu, 01/26/2012 - 23:46 | 2101137 Things that go bump
Things that go bump's picture

We will need an equivalent of good old Country Joe to compose a new rhyme for "Feel Like I'm Fixin to Die." 

Thu, 01/26/2012 - 22:48 | 2101556 Big Corked Boots
Big Corked Boots's picture

We're working on that cyborg thing. Be patient, we have to use it on our own citizens before we get to you.


Fri, 01/27/2012 - 02:24 | 2101829 12ToothAssassin
12ToothAssassin's picture

I for one welcome our new SkyNet overloards.

Fri, 01/27/2012 - 01:28 | 2101762 brettd
brettd's picture

Yep.  History to a 25 year-old starts in 1985.

Moreover, we have a new media world:  One must be able to sell the reason for invading.  

After what the USA has been through the last 10 years, that's tough sledding.

'Can you imagin POTUS invading IRAN (or any mid east nation) for oil....after kiling Keystone?

Political suicide.

Thu, 01/26/2012 - 17:45 | 2100948 earleflorida
earleflorida's picture

the british [50% /pm disrali/rothschild $4ml pound finance] government did that with the building of the 'suez [1859-1869] canal', and after the 99 year lease was set to  expired in ~1968 it's collateral bit the dust - an unexpected war happened

today the suez canal authority is but a non-event,... with oil circumventing the canals main purpose

collateral to anyone today, is a very sticky dereliction?

Fri, 01/27/2012 - 11:38 | 2102553 Tangurena
Tangurena's picture

I suspect that Saudi bailouts will come with requirements to repeal pesky laws, such as the French ones, that ban wearing hijabs in public.

Thu, 01/26/2012 - 17:12 | 2100849 Cognitive Dissonance
Cognitive Dissonance's picture

I got dibbs on Hong Kong. William Banzai7 lives there.

Wonder if I could leverage him for a boat load of PMs? Or at least a cute Geisha? :>)

Thu, 01/26/2012 - 17:38 | 2100923 DoChenRollingBearing
DoChenRollingBearing's picture

I got dibs on Peru!  All you Gringos go somewhere else!  Sell me your gold at a discount first though...

Thu, 01/26/2012 - 17:43 | 2100939 Whoa Dammit
Whoa Dammit's picture

I got dibs on Mexico. Only because I would like to see what happens when the banksters try to pull a MFG bankruptcy scam on the Mexican drug lords.

Thu, 01/26/2012 - 17:54 | 2100971 ucsbcanuck
ucsbcanuck's picture

"Esse, you like your shit pushed in?"

Thu, 01/26/2012 - 17:53 | 2100964 BobPaulson
BobPaulson's picture

Pardon me? Geisha? I only saw armies of pushy fillipina and vietnamese hookers in HK. I guess I should have ventured further than Wan Chai.

What about Buckeroo Banzai? He's a brain surgeon, rock star, samurai and nuclear physicist. He must be a banker too.


Thu, 01/26/2012 - 17:12 | 2100855 drink or die
drink or die's picture

We need the aliens to attack us, not bail us out.

Thu, 01/26/2012 - 17:13 | 2100861 SheepDog-One
SheepDog-One's picture

Looks like the IMF has a busy knee cap cracking schedule ahead.

Thu, 01/26/2012 - 17:30 | 2100888 GeneMarchbanks
GeneMarchbanks's picture

You know, I'd like to just use this opportunity to ask my American friends to start an "Abolish the IMF" campaign since that Fed campaign has definitely at least shed light on these horrible institutions that are in fact doing exactly the opposite of what they were intended to be: insure stability on a global scale. This needs to start in the US. We've tried here in Europe but somehow fail.

In conclusion, I hate the IMF. Also, the World Bank and WTO.

'Update: literally seconds after this article was posted, we receive news that the IMF will seek Saudi contribution to the European bailout fund. There you have it - you enjoy that implicit US protection Saudi emirs? It is about to cost you.'

Obama needs to kiss the ring instead of just bow...

Thu, 01/26/2012 - 17:34 | 2100908 Manthong
Manthong's picture

We need to open the kimona on both the Fed and the ESF and the same time end all involvement IMF and the World Bank.

This insanity has got to stop.

Thu, 01/26/2012 - 17:17 | 2100867 Irish66
Irish66's picture

lots a lot of knee bending, I love to see "grown ups" beg

Thu, 01/26/2012 - 17:26 | 2100874 hedgeless_horseman
hedgeless_horseman's picture



Anagrams for: SICCSSRP

No anagrams found

That is dissappointing. I was hoping for CRAP SAPS, or something close.  We need another vowel, so let's hope Argentina gets its fiscal house in order.

Thu, 01/26/2012 - 17:26 | 2100893 Shitters_Full
Shitters_Full's picture

PRICCSSS.  Sorry, best I can do.

Thu, 01/26/2012 - 17:31 | 2100903 hedgeless_horseman
hedgeless_horseman's picture



Yeah, a U, S, and A would really help, but Argentina is probably more likely to make the list.

Thu, 01/26/2012 - 17:28 | 2100897 GeneMarchbanks
GeneMarchbanks's picture

Sip sip sippin on some sizzurp...

If you try to sound it out, that's the closest you get.

Thu, 01/26/2012 - 17:18 | 2100875 Seasmoke
Seasmoke's picture

time to pay the piper on the camel

Thu, 01/26/2012 - 17:21 | 2100876 carbonmutant
carbonmutant's picture

Banks will demand a restructuring on paying off the CDS...

Thu, 01/26/2012 - 17:20 | 2100879 lolmao500
lolmao500's picture
Good news! 'Senior IDF officer told cabinet Israel cannot stop Iran's nuclear program'
Thu, 01/26/2012 - 18:04 | 2100995 Snidley Whipsnae
Snidley Whipsnae's picture


Iran is not looking on fondly while the EU takes orders from Oblamer to boycott Iranian oil... From the RT site which was being discussed earlier today on ZH. Is RT a credible site? IMO, at least as credible as US MSM... which is saying little. Take all you hear these days with large doses of the same time it's news of a sort, even if only to shed light on what the Iranian leaders are thinking.

"Pre-emptive embargo: Iran could turn off oil tap to EU"

"Iran may turn the sanctions tables by immediately stopping oil supply to Europe. The move is aimed as a response to the EU slapping an embargo on new oil contracts with Tehran. China has lashed out at the sanctions, calling them “blind pressure”.

The European sanctions, which follow a similar move by the US, provide for a grace period lasting until July 1, during which standing contracts with the Islamic Republic may be honored. However Iranian MPs are drafting a new law, which would stop short all supply to Europeans as soon as possible, according to Nasser Soudani, a member of the parliament’s energy committee."

Thu, 01/26/2012 - 19:04 | 2101131 1fortheroad
1fortheroad's picture

Check, your move.


Thu, 01/26/2012 - 21:13 | 2101408 caconhma
caconhma's picture

Never allow her enemy to hit you first.

Always, choose your own time and place to hit your enemy first and do it as hard as it is possible. After all, initiative is the key to a victory.

As for Iranian, my advice, don’t be Qaddafi looking for an honorable settlement. Just imagine Qaddafi was attacking and bombing London, Paris, and Rome. After all, he and his family could be still alive.




Thu, 01/26/2012 - 17:21 | 2100880 Bagger
Bagger's picture

Don't see the Saudis being too keen on being given instructions by the female head of IMF......


Thu, 01/26/2012 - 17:29 | 2100902 Irish66
Irish66's picture

man love to be told what to do

Thu, 01/26/2012 - 17:38 | 2100924 narnia
narnia's picture

the House of Saud might as well be built on quicksand if the US rule by biggest gun project fails.  the SDR is an important part of that plan.

Thu, 01/26/2012 - 17:56 | 2100978 EmileLargo
EmileLargo's picture

To be fair, she doesn't look very female. 

Thu, 01/26/2012 - 18:20 | 2101036 earleflorida
earleflorida's picture

The Saudi Arabs are strict adherents of "Sharia Law" [Mecca*]

Thu, 01/26/2012 - 17:24 | 2100887 walküre
walküre's picture

Modern Day Imperialism

Thu, 01/26/2012 - 17:34 | 2100904 knukles
knukles's picture

God, I LOVE these fucking pronouncements.
Just because JimbobCahngalang and Imayahoodi got some "reserves" (treating such as loose change just lying about amongst the chicken bones, buttons, ciggie buts, used condoms, finger nails, lost nipple clamps and lint balls between the pillows) doesn't mean that they're gonna jump fucking LaDeDah wholesale to the "developed world's" rescue at the behest of the Official Organ of the City of London, Rothschilds and Assorted Asociated Monied Interests Entities attempting to Ensure the Formal Emergence of the New and Improved One World Curency and Gubamint.

The Economist.... fucking tool extroardinare of the Illuminatti or whatever they're being called these days.  And man, oh man, just happens to be published concurrent with the absolutely nausating pabulum out of Davos, the saving one's own ass first, fuck the women and children, just keep me in the drivers seat, fear based memes and propaganda shrouded in the For the Good of All Mankind.

What a crock of shit.

This is gonna end way hell past the "badly" that most folks are concerned about.  Way the fuck past.

From Chaos, Order
The plan proceeds along, nicely.

Thu, 01/26/2012 - 18:11 | 2101013 Rollerball
Thu, 01/26/2012 - 17:34 | 2100909 Cranios
Cranios's picture

Excuse me, but for those of you who clearly aren't "getting it," the chart above does not represent those who WANT TO bail us out, it represents those who will be forced to do so. When we could afford to be nice we were, but if it comes down to a choice of US politicians losing face or using the military to force payment, we all ought to know what is going to happen.

Thu, 01/26/2012 - 17:34 | 2100911 DoChenRollingBearing
DoChenRollingBearing's picture

Peru to the rescue!

Thu, 01/26/2012 - 17:38 | 2100920 Sudden Debt
Sudden Debt's picture

Lama team 1 and Lama team 4 is a GO!

I repeat, Lama team 1 and Lama team 4 is a GO! Engage in full force.


Thu, 01/26/2012 - 17:40 | 2100931 DoChenRollingBearing
DoChenRollingBearing's picture

Hey Sudden!

Do you want to be on my NEW blog email update list?  Do let me know (here or by email).

Thu, 01/26/2012 - 17:44 | 2100945 Sudden Debt
Sudden Debt's picture

Just answered your mail. Greets!

Thu, 01/26/2012 - 18:34 | 2101067 earleflorida
earleflorida's picture

Bolivia's "Lithium" [gold/oil,?] - How's that for a nationalized collateral scenario - whoa Nellie!

Thu, 01/26/2012 - 17:37 | 2100913 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

Speaking of the Rothchilds owned magazine, The Economist you should see their article and the interview praising India's decision to force their entire population into a biometrics I.D. program.

Great model for global expansion

Thu, 01/26/2012 - 18:50 | 2101102 ForTheWorld
ForTheWorld's picture

I guess none of the commentors thought that greater tracking of the population is a bad idea.


Thu, 01/26/2012 - 17:36 | 2100915 Fix It Again Timmy
Fix It Again Timmy's picture

Where's WB7?  I need my daily fix....

Thu, 01/26/2012 - 17:37 | 2100918 semperfi
semperfi's picture

Saudi's are going to give us the finger then turn to China & Russia as their security.

Thu, 01/26/2012 - 18:14 | 2101020 Snidley Whipsnae
Snidley Whipsnae's picture

"Saudi's are going to give us the finger then turn to China & Russia as their security."


Exactly why Iran is attempting to lure a few US carriers back into the Persian Gulf.

If some major damage can be done to a few carriers, or some are sunken, the US will no longer be a credible source of protection for SA.

IMO, this is why we heard the recent announcement "The US and Israel have decided to delay military manuvers near the Strait of Hormuz for budgetary reasons"... lame ass excuse and an indication of the quality of press people working at State and Dept of Defense.

IMO, Iran is saying 'show us your best shot'... Admiral Mullin was right and it will soon be obvious to all.

Thu, 01/26/2012 - 21:24 | 2101428 caconhma
caconhma's picture


You don't know shit about Russia. Russian oligarchies including Putin are thieves who store their loot in London and Zurich banks.

This is why Russian sold out Libya. But lately, there is civil unrest in Russia. So, there is a possibility that the Russian situation may change. Remember Russian invasion to Georgia a few years ago. Russian military did it on their own initiative before Putin could stop them.


Thu, 01/26/2012 - 17:37 | 2100919 youngman
youngman's picture

I see the Arabs bailing out the Arabs right now...China and Russia not..they see this as a way to become number one ....and will play it that way....they will pay lip service..and sell their holdings at night....Ben will try....but that will be exposed and way to obvious....."looks like we got trouble..right here in river city"


Got gold

Thu, 01/26/2012 - 17:41 | 2100934 Irish66
Irish66's picture

We could us CIRCUS

Thu, 01/26/2012 - 17:41 | 2100922 Schmuck Raker
Schmuck Raker's picture



I remember, when you were down
And you needed a helping hand
I came to feed you
But now that I need you
You won't give me a second glance
Now I'm calling all citizens from all over the world
This is Captain America calling
I bailed you out when you were down on your knees
So will you catch me now I'm falling

Help me now I'm calling you
Catch me now I'm falling
I'm in your hands, it's up to you
Catch me now I'm falling

I remember when you were down
You would always come running to me
I never denied you and I would guide you
Through all of your difficulties
Now I'm calling all citizens from all over the world
This is Captain America calling
I bailed you out when you were down on your knees
So will you catch me now I'm falling

Help me now I'm calling you
Catch me now I'm falling
I'm in your hands, it's up to you
Catch me now I'm falling

When you were broke you would come to me
And I would always pull you round
Now I call your office on the telephone
And your secretary tells me that she's sorry,
But, you've gone out of town.

This is Captain America calling
This is Captain America calling

Help me now I'm calling you
Catch me now I'm falling
I'm in your hands, it's up to you
Catch me now I'm falling

Catch me now I'm falling
Catch me now I'm falling
Catch me now I'm falling
Catch me now I'm falling

I stood by you through all of your depressions
And I lifted you when you were down
Now it's your chance to do the same for me
I call your office and your secretary tells me
That you've gone out of town

This is Captain America calling
This is Captain America calling

Catch me now I'm falling
Catch me now I'm falling

I was the one who always bailed you out
Of your depressions and your difficulties
I never thought that you would let me down
But the next time you're in trouble
Better not come running to me

Now I'm calling all citizens from all over the world
This is Captain America calling
I bailed you out when you were down on your knees
So will you catch me now I'm falling
Catch me now I'm falling

Catch me now I'm falling
Catch me now I'm falling
Catch me now I'm falling
Catch me now I'm falling

Thu, 01/26/2012 - 17:45 | 2100947 Captain Kink
Captain Kink's picture


I love the Kinks.

Thu, 01/26/2012 - 17:57 | 2100925 SillySalesmanQu...
SillySalesmanQuestion's picture

Excellent chart Tyler! Even a silly salesman can understand the sheer Lunacy of their madness.

Thu, 01/26/2012 - 17:39 | 2100926 Sudden Debt
Sudden Debt's picture

I looks more like the whole world is broke and the once in the green are just doing a better job hiding their shit.


Thu, 01/26/2012 - 17:40 | 2100933 dannyboy
dannyboy's picture

Why does this remind me of the LMFAO song.. "wiggle wiggle wiggle YEAH!", kinda creeps me out.

Thu, 01/26/2012 - 17:41 | 2100937 Fix It Again Timmy
Fix It Again Timmy's picture

"Sahib, it will be easier to park a camel in Bernanke's ass than do what you request/order."

Thu, 01/26/2012 - 17:46 | 2100949 PLove
PLove's picture

Weimer hyperinflation was caused by Zionist bankers shorting the Deutschmark.

Right now, our Zionist bankers are supporting the dollar and suppressing hard assets like gold and silver.

But, these banksters could switch to shorting the dollar and buying hard assets in a New York minute.

John Williams said hyperinflation is a given and could happen suddenly. 

Just saying,



Thu, 01/26/2012 - 17:47 | 2100953 slackrabbit
slackrabbit's picture

i have it on good authority, that the 26 million sheep in New Zealand are arranging a bail out.

Thu, 01/26/2012 - 17:48 | 2100954 slewie the pi-rat
slewie the pi-rat's picture

well, shit!  let's all bail each other out and have somebody else pay for it!

this may be the coup de farce that puts the EU over the top in the global-FinancialImperialismContestFinalz!

they may have eclipsed theAmericanWay of having others lend us the money!

i think the colonies should revolt against theCity here, BiCheZ!

or do they think we can't understand the economic meaning of "Rest of World"?

of course, we could just print the money, and then nobody would ever hafta pay for it.  under the ronPaulDoctrine, "we owe the money to ourselves" (at least if the FED prints it...and doesn't move the Ts of its bgalSheet, of course...)

why did the caterpiller call this a con and a ponzi?  what does that mean?  oh, my!  i must find the marchHare and ask!


Thu, 01/26/2012 - 18:02 | 2100989 Captain Kink
Captain Kink's picture

well, shit!  let's all bail each other out and have somebody else pay for it!


You may be on to a guy using a credit card to pay off another.  We could just rotate it around and around.  We bail out europe, europe bails out Japan, Japan bails us out, We bail out Europe, etc...  perhaps an annual schedule at first, contracting quickly to monthly, daily, hourly... uh oh.

Thu, 01/26/2012 - 18:49 | 2101060 slewie the pi-rat
slewie the pi-rat's picture

yes, but...

here's the thing:  b/c of the enormous computing capacity of the planet, the NW0's plan may well be the ever-exponential triple-lindy...

and, once they get every-thing and -body screwed down tight, the habitants will all get conditioned to the rest of the curve, too...

now if this is their play, we need to design the defense against it for the planet...

but everybody's making too much money to care! or, just kickin back w/gov.$.free...

if we chart the CEO Total Compensation v The Minimum Wage, captain, we get a hyperwarp trajectory about two dimesions beyond our drive capacities as currently configured and scotty is still awol in a cathouse from two episodes ago...

     [...totally objective doom, BiCheZ...]

Thu, 01/26/2012 - 18:24 | 2101045 Snidley Whipsnae
Snidley Whipsnae's picture

Don't panic Slewie... Martians are going to save us... Krugman said so.

Thu, 01/26/2012 - 17:54 | 2100969 sabra1
sabra1's picture

i didn't see Apple on the list!

Thu, 01/26/2012 - 18:34 | 2101069 falun bong
falun bong's picture

That's an excellent comment, as the line between the nation-state and the corporation blurs even more why not look to corporate balance sheets as the next target for confiscation/bailout cash/swaps? There's some excellent collateral available: The Parthenon,  Santorini, the Eiffel Tower...hell the Grand Canyon (full of uranium), or how about Alaska? Let's think out side the box here folks. Make Apple an offer they can't refuse: trade cash for the Tenessee Valley Authority...or you get a 100% tax on iPhone sales.

Idiocracy: "I'm the Secretary of State...brought to you by Carl's Junior"

Thu, 01/26/2012 - 23:34 | 2101611 Capt Tripps
Capt Tripps's picture

Right on Falun, plenty of prime real estate:

Percentage of state territory owned by the federal government. The top 10 list of states with the highest percentage of federally owned land looks like this:

  1. Nevada           84.5%
  2. Alaska            69.1%
  3. Utah               57.4%
  4. Oregon           53.1%
  5. Idaho              50.2%
  6. Arizona           48.1%
  7. California        45.3%
  8. Wyoming         42.3%
  9. New Mexico     41.8%
  10. Colorado          36.6%

*stats from   2008

Thu, 01/26/2012 - 17:59 | 2100986 EmileLargo
EmileLargo's picture

I don't understand why Singapore and Hong Kong are always listed as "emerging" economies whereas Japan gets listed as a "developed" economy. Singapore has much higher GDP per capita than Japan and zero debt. Its per capita income is higher than the US. So these lists make no sense. "Emerging Market" apparently is anything from a country run by drug lords to a country that has the sixth highest per capita income in the world. Its a stupid meaningless term. 

Thu, 01/26/2012 - 18:31 | 2101059 Snidley Whipsnae
Snidley Whipsnae's picture

"I don't understand why Singapore and Hong Kong are always listed as "emerging" economies whereas Japan gets listed as a "developed" economy."


Japan is listed as 'developed' because they have debt to GDP of 300%

The term developed isn't meaningless in IMF parlance. Developed to them means that a country has used up most of it's sources of GDP growth, has bad population dynamics, competition for export mkts is stronger, and is living on borrowed time...and money. What comes after developed? Nothing.

Even Oblammer could explain this one. :)

Thu, 01/26/2012 - 18:08 | 2101003 Fix It Again Timmy
Fix It Again Timmy's picture

If you can put food on the table every evening, you're "developed" - IMHO....

Thu, 01/26/2012 - 18:11 | 2101012 onebir
onebir's picture

I don't think China has anywhere near that much 'wiggle room':

- price inflation's a problem

- wage inflation's a problem

- CG debt is low but local govt debt, bad debt at SOEs bring up the total

- housing & commercial property bubbles

- structural problems (education, corporate governance, corruption...)

- central/province political tensions

- outright splitist tendencies (Xinjiang, Tibet, even Guangzhou)

taken together constrain policy pretty tightly.

Thu, 01/26/2012 - 23:52 | 2101646 chindit13
chindit13's picture

I think one PLA enlisted man and AnAnonymous of "US citizenism" fame gave you the down arrows.  Truth is not something to which they take kindly.  Middle Kingdom and all that, you know.

Oh, and their yuan is a currency backed by their dollar reserves, as if that isn't a fine example of Fiat Tautology.  Bernanke probably gets a woody fantasizing about that kind of M2 growth.

Thu, 01/26/2012 - 18:15 | 2101022 pakled
pakled's picture



Apologies, but you might find this story of a big time shortage of USD in Iran compelling. Audio plus photo of man trading gold for Dinars. Validates prior stories of high inflation. People having hard time doing business.



Thu, 01/26/2012 - 18:20 | 2101037 Pancho Villa
Pancho Villa's picture

Hey man, got any spare change? We only need 20 trillion or so.

Thu, 01/26/2012 - 18:28 | 2101051 vocational tainee
vocational tainee's picture

Who believes uncle sam did anyone a favor ? Whe only where engaged in octrinating our buisness model to the world,while enjoying the gains of world`s currency.

Thu, 01/26/2012 - 18:28 | 2101052 vocational tainee
vocational tainee's picture

Who believes uncle sam did anyone a favor ? Whe only where engaged in octrinating our buisness model to the world,while enjoying the gains of world`s currency.

Thu, 01/26/2012 - 18:32 | 2101061 Snidley Whipsnae
Snidley Whipsnae's picture

voc tainee... better ease off on those meds... or whatever you happen to be enjoying.

Thu, 01/26/2012 - 18:42 | 2101092 vocational tainee
vocational tainee's picture

Okay, but take a closer look at americas forein engagement..

Thu, 01/26/2012 - 19:24 | 2101170 Irish66
Irish66's picture

you made me laugh so hard Snidley, I had to see what other post he wrote

Thu, 01/26/2012 - 18:49 | 2101100 vocational tainee
vocational tainee's picture

whipsy,talk to me..

Thu, 01/26/2012 - 18:57 | 2101117 slewie the pi-rat
slewie the pi-rat's picture

he may have needed to octrinate

Thu, 01/26/2012 - 19:08 | 2101139 vocational tainee
vocational tainee's picture

Nice excuse for him ,thank`s

Thu, 01/26/2012 - 19:14 | 2101155 americanspirit
americanspirit's picture

I wonder how much financial flexibility the Saudis will have after their infrastructure is destroyed by Iran? Indonesia - I think they remember the Dutch colonial period all too well. China? Stop stop - you're killing me! Russia? They know Europe has no choice but to buy their Nat Gas - they don't have to do a thing but watch. South Korea - think the 'students' will allow the gov't to ship their future to Europe? Singapore? Chinese. Nuf said.

Ok - Chile maybe. Lot's of old Nazis still there who probably would jump at the chance to buy pardons. So maybe there's a few Euros for the kitty. Otherwise - dream on.

Thu, 01/26/2012 - 19:30 | 2101198 Things that go bump
Things that go bump's picture

WWII ended almost 67 years ago.  Realistically, how many old Nazis could be left?  Even the Hitler Youth boys who were called up to defend the Fatherland at the end would be in their 80s or nearly so by now.  Soon, the events will pass entirely out of living memory.

Thu, 01/26/2012 - 22:21 | 2101524 americanspirit
americanspirit's picture

Those old Nazis live a remarkably long time. The benefits of drinking human blood, you know.

Fri, 01/27/2012 - 14:15 | 2103171 EmileLargo
EmileLargo's picture

They're not needed. Why beg for money which you can print? The ECB is already printing like crazy without saying it. The German politicians cannot be seen to be acquiescing to a printing scheme and get crucified by their electorate. So they have to make it look as though big, strong Germany will never agree to any printing. You print and print, lie about inflation and it takes years before the public catches on. By then it becomes some other politician's problem. It has been done successfully in the United States for ten years. Who is complaining about inflation in America? If America can get away with it for a decade, why not Europe?

Thu, 01/26/2012 - 20:26 | 2101327 The Alarmist
The Alarmist's picture

Kind of lends a whole new perspective on what it is to be a colonial power. In the old days you had to send in the troops ... now you just threaten to stop buying the products of their slave labour.

Meet the new boss ... same as the old boss.

Fri, 01/27/2012 - 00:34 | 2101691 Bartanist
Bartanist's picture

What's left of the free world should "Bomb the BIS back to Babylon, Bitchez"

Fri, 01/27/2012 - 07:30 | 2101960 Bob Bercy
Bob Bercy's picture

Argentina better placed to dish out cash than Brazil?? I don't think so. I guess this chart, like most of what appears in the the Economist, is complete bollocks.

Do NOT follow this link or you will be banned from the site!