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UK Debt Infographic: All You Need To Know

Tyler Durden's picture


Confused by the untenable UK debt (and as the country is the latest to re-jump on the QE bandwagon, it is only going higher)? The following inforgraphic from Borrow money online should explain it all.

UK Debt Crisis
[Via: Amazing facts about the UK debt crisis]
View Larger infographic along with the code to add this image to your own website.


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Thu, 01/12/2012 - 11:10 | 2058242 BLOTTO
BLOTTO's picture

The Royal Family are a bunch of OCCULTISTS.

The Queen fronts for the Red Shield...Rothschild

They are scum bag Sun-worshippers...

No apathy or love for any of us.


Thu, 01/12/2012 - 11:12 | 2058266 Dcheeth2
Dcheeth2's picture

Well, if you didn't throw your toys out of the pram when we asked for some taxation, you'd be getting all the love in the world.

Thu, 01/12/2012 - 11:19 | 2058290 BLOTTO
BLOTTO's picture

Prince Charles even admits that he is a descendent of 'Vlad the Impaler'

“The genealogy shows that I am descended from Vlad the Impaler,” Charles said.

Vlad the Impaler was also known as Dracula, which means son of the dragon (dracul) in the Romanian dialect of the time. Vlad’s father was a member of the Order of the Dragon.

= OCCULTIST Scum bag


Thu, 01/12/2012 - 11:31 | 2058347 moonman
moonman's picture

I never saw a vampire with crappy teeth


Thu, 01/12/2012 - 11:36 | 2058366 bigdumbnugly
bigdumbnugly's picture

well, he is a british vampire after all...

Thu, 01/12/2012 - 15:00 | 2059166 Jack Napier
Jack Napier's picture

Isn't this interesting. Back in the day I learned from that Bonesmen GW Bush and John Kerry are 9th cousins, descendent from none other than Vlad the Impaler.

Bullish for garlic and silver bullets.

Thu, 01/12/2012 - 17:33 | 2059871 tooktheredpill
tooktheredpill's picture

what would be more interesting is a comparison of interest payments each year for the next 5 years. Total debt is one thing, but if a large part of it is due long term then it becomes less meaningful. This is just a bit of brit bashing.

Thu, 01/12/2012 - 13:09 | 2058736 JPM Hater001
JPM Hater001's picture

Yeah, this is totally implausible.  Brits just dont have the teeth for it.  It's like saying Micheal Jordan was related to the hmong people (no offense ment here).  The genes just dont support the needed height...or teeth.

Thu, 01/12/2012 - 11:34 | 2058359 dick cheneys ghost
dick cheneys ghost's picture

help get the word out ........


Occupy the 'private criminal federal reserve bank' JAN 16, 2012 MLK Day

Thu, 01/12/2012 - 11:53 | 2058429 Oh regional Indian
Oh regional Indian's picture

Blotto, very pertinent and Spot On.

Atonists pretending to be what now? 

The action in ChiRho is no accident, now is it? And why OIL, Gold and Drugs at the heart of this Empire?

Not to OT or anything but folks, it's really important to understand the absolute POWER of words as symbols.

Why is it O I L? Think about it.


/oil-crisis-in-a-thousand-words/or less

Thu, 01/12/2012 - 12:28 | 2058488 BLOTTO
BLOTTO's picture

Decendents of the Merovingian/Frankish Kings...

who are decendents of King David... who are decendents of Egyptian Kings... who are decendents of Cain. Annunaki blood...'blue bloods'



Thu, 01/12/2012 - 11:18 | 2058288 Gully Foyle
Gully Foyle's picture

Anyone watch the first two episodes of season 9 UK Shameless? They address some of these issues

Thu, 01/12/2012 - 11:22 | 2058304 firstdivision
firstdivision's picture

If they're such "Sun-worshippers", why are they in the UK?  That's like saying I moved to Seattle from Phoenix to get more sun.

Thu, 01/12/2012 - 11:30 | 2058337 BLOTTO
BLOTTO's picture

That is an invalid point and a poor analogy.

They dont want a fuckin tan  - they track the stars and astrology - they think the Sun is at the centre of the Universe...

The 'illuminated ones' - they think it is there divine right to rule over us.

They follow the movements of stars and ancient pagan traditions of worship starting back from the days of Osiris.

History is just repeating itself.

Thu, 01/12/2012 - 11:42 | 2058390 clones2
clones2's picture

"They follow the movements of stars and ancient pagan traditions of worship starting back from the days of Osiris."

So what?  You would prefer they worship some other invisible man in the sky?

Thu, 01/12/2012 - 11:48 | 2058405 BLOTTO
BLOTTO's picture

They have NO love... NO apathy... no respect for the human race as a whole.

They dont care who they hurt  - pure selfishness and perversions and lies.

They dont give a FUCK about you or your family or your children - thats what.

Thu, 01/12/2012 - 11:58 | 2058446 Ethics Gradient
Ethics Gradient's picture

Apathy or empathy?

Thu, 01/12/2012 - 16:18 | 2059545 Lord Koos
Lord Koos's picture

Makes no difference when you're blotto...

Sat, 01/14/2012 - 01:47 | 2064225 matrix2012
matrix2012's picture

both applies....

they just have pure selfishness!

Thu, 01/12/2012 - 11:48 | 2058412 john39
john39's picture

invisible, not much longer.

Thu, 01/12/2012 - 12:19 | 2058547 tarsubil
tarsubil's picture


Thu, 01/12/2012 - 12:18 | 2058548 Agent P
Agent P's picture

"they track the stars and astrology - they think the Sun is at the centre of the Universe..."

That's just crazy talk...everyone knows the earth is the center of the universe.

Thu, 01/12/2012 - 11:44 | 2058387 BLOTTO
BLOTTO's picture

To start, Elizabeth Mountbatten, the woman claiming to be the queen of Britain, is, without doubt, descended from the ancient King David whose story many will know from the Bible.

It's too much to include here, but the true and verifiable genealogy of the British royals has been published in many books for over a hundred of years and is also widely available for viewing online. For reference: King David to "queen" Elizabeth.

The "royal" family knows their own history full well, including that they and the British people are part of the "Lost" tribes of Israel (Ephraim.)  However, they certainly don't go out of their way to educate the "commoners" about these facts (quite the opposite really.)  But, despite all the disinformation over the years, this ancient heritage of the British royal family is true and bullet-proof.

Elizabeth's great great grandmother, the legitimate queen Victoria, was so proud of her lineage that she had a large poster put up in Windsor castle, showing the family bloodline back to David.  It is far too expansive a subject to discuss here, but knowing what became of all the "Lost" tribes of Israel helps to understand this overall subject and plenty of others.  That information can be easily looked at here: Twelve Tribes of Israel.

= occultists and LYING about their claims of descent.

Thu, 01/12/2012 - 11:49 | 2058417 The Deleuzian
The Deleuzian's picture


Thu, 01/12/2012 - 11:53 | 2058430 BLOTTO
BLOTTO's picture

It sucks to be duped, i know - we all have.

The world is a fuckin LIE as we know it.


Thu, 01/12/2012 - 12:03 | 2058456 The Deleuzian
The Deleuzian's picture

BLOTTO...If the British people believe all that nonsense about the British Royalty descending from King David...Well, I don't know what to tell them...As far as Osiris goes...I heard he was pretty cool....

Thu, 01/12/2012 - 12:03 | 2058471 john39
john39's picture

blotto, on this subject, tyring to pack to much into posts only makes the posts seem over the top.   Of course the oligarchs of this world have their own little power cult, but for those who have no exposure to this information... it comes off as insane.   as morpheus explains in the Matrix, you can't tell someone about the matrix, they have to see it for themselves.    for those that refuse even acknowledge the possibility that occultists have long run the world, spend some time researching the symbols that they plaster all over everything that they control.   well worth the investment of time involved.

Thu, 01/12/2012 - 12:16 | 2058536 BLOTTO
BLOTTO's picture

John, I appreciate the advice - you are right. I really do mean well and just tend to get a bit excited

Its like a light went off and i want to tell the world to awake everyone i can. I mean - whatelse could it be?

Im fully and completely in the rabbit hole - its the end result and where the pieces have taken me. It IS hocus pocus time - but for real. 

The specific details we can debate about and im always open to any and all information and knowledge...but end result is the same - we have been lied to about the entire system.

Thu, 01/12/2012 - 12:26 | 2058587 john39
john39's picture

sometimes seeing is believing.  If you dig around the net, you can find photos comparing prince charles or the queen to george bush or george w. bush...    you can see the similarities, it is striking.  or check the geneology of U.S. presidents... how many are related to european "royalty".   i find the very concept of royalty utterly preposterous...  but only slightly more preposterous than the political system in the U.S.   the truth is, we are free range slaves, but slaves none the less.   but something tells me that, in the mind of the overlords, the "free range" period is just about to end....

Thu, 01/12/2012 - 12:32 | 2058616 BLOTTO
BLOTTO's picture

Guess how many president are decendents?

A: All 44 of them.


Thu, 01/12/2012 - 13:05 | 2058727 Harbanger
Harbanger's picture

#44 is the stepchild.

Thu, 01/12/2012 - 13:10 | 2058742 BLOTTO
BLOTTO's picture

Funny you mention #44 - he is not going to have a good ending...

His legacy will be known for how he goes out.

Sat, 01/14/2012 - 04:05 | 2064287 matrix2012
matrix2012's picture


Folks, perhaps below links will help to enlighten the readers...


A list which has been compiled from the wealth of research, being put together over the last ten years.


And this is an interesting course of history:



“Those who cannot remember the past are condemned to repeat it” — George Santayana


“Every record has been destroyed or falsified, every book has been rewritten, History has stopped….nothing exists except the endless present in which the Inner Party is always right” — George Orwell


“Of all the offspring of Time, Error is the most ancient, and is so old and familiar an acquaintance, that Truth, when discovered, comes upon most of us like an intruder, and meets the intruder's welcome.” — Charles Mackay (1814-1889)

Thu, 01/12/2012 - 12:01 | 2058459 Dcheeth2
Dcheeth2's picture

That explains it then. I should have taken the number 6 bus, not the number 7.


Thu, 01/12/2012 - 12:03 | 2058473 Oh regional Indian
Oh regional Indian's picture

Dchee, the Award for most tangential comment goes to....



Thu, 01/12/2012 - 12:35 | 2058627 falak pema
falak pema's picture

Victoria was very proud of one thing : Prince Albert's personal crown jewels. But that is a state secret and any resemblance between the Kohinoor and his right nut is purely coincidental. By appointment to HRMS. 

Thu, 01/12/2012 - 12:41 | 2058647 Grimbert
Grimbert's picture

Yes and if you multiply your ancestors back, doubling every 30 years you only have to go back to the 1100's to have more great^n grandparents than than there were people in England, so we're all decended from King Stephen.

Thu, 01/12/2012 - 13:00 | 2058685 William Wics
William Wics's picture


I don't post very often, but I have to respond.

Thanks for the "Twelve Tribes of Israel" ( link!!! I've blown tea out of my nose twice and I have not even gotten off of the home page. You rock!

I now have much more clarity on the origin of Frank Herbert's Dune, the real identity of Darth Vader, and am gaining better understanding of the role of UFOs in God's plan.

I cannot wait to send in my $50 for "the simple plan how to guarantee [my] freedom, safety and immortality; if [I] follow it faithfully, without deviation." On CD no less!

I think I'll pour a Scotch (it that 'Royal') tonight and work my way through some of the content. Clearly I need some school'n.




Thu, 01/12/2012 - 19:32 | 2060150 smiler03
smiler03's picture

Hi William, (+1)

thanks for this brief review of the website. I didn't click on it from the original poster but I have now. I think I will shortly see the light. There is so much I didn't know. I'm hoping to find the true meaning of global warming, what those underpant stealing gnomes are REALLY doing and how to transform myself into a space elevator.


Thu, 01/12/2012 - 16:23 | 2059565 omniversling
omniversling's picture

google rik clay

Thu, 01/12/2012 - 16:26 | 2059590 Lord Koos
Lord Koos's picture

Give it a rest you fucking loon.

Thu, 01/12/2012 - 12:31 | 2058610 falak pema
falak pema's picture

occult-tits : flat chested woman, are you insinuating that boobs and royalty don't mix? That's treason!

Thu, 01/12/2012 - 16:49 | 2059708 TK7936
TK7936's picture

Why would one not worship the sun givven all it gives us for free.


Thu, 01/12/2012 - 11:08 | 2058246 death_to_fed_tyranny
death_to_fed_tyranny's picture

Looks like the whole world is fucked.

Thu, 01/12/2012 - 11:18 | 2058286 HoofHearted
HoofHearted's picture

No, just the governments and people in power. Those of us with hard assets, arable farmland, and guns...we'll be fine, thank you very much.

Thu, 01/12/2012 - 14:23 | 2059004 Cathartes Aura
Cathartes Aura's picture

tell that to the farmers in Iran. . . Iraq. . . Afghanistan. . .Mexico. . .anywhere really - if you're in the homeland, here:

A key chemical of one of the most horrifying elements of the Vietnam War -- Agent Orange -- may soon be unleashed on America's farmlands. Considered by world nations to be a "Weapon of Mass Destruction" (WMD), Agent Orange was dropped in the millions of gallons on civilian populations during the Vietnam War in order to destroy foliage and poison North Vietnamese soldiers.

"war" has been kept in other people's lands and amrkns have been afforded a separate reality at those others expense.

now the whole world has been designated a "battlefield" - the horrors visited on others, in amrka's backyards. . .

Thu, 01/12/2012 - 11:21 | 2058289 TruthInSunshine
TruthInSunshine's picture

Those paying attention have said that the U.K. is the developed world's biggest basket case when it comes to total net debt, since its economy's heavy reliance on a cancerous (malignantly so) financial "services sector" (and 'financial engineering') has really saddled it (and many future generations of Brits) with decades of pain, in the form of toxic sludge-debt that will have to be disposed of.

This is the real reason Cameron walked out on Merkel. The U.K. can not afford to participate in any restructuring of the rules regarding financial institutions if those rules even hint at genuinely requiring financial institutions to raise capital reserves, and rely on future revenue generation that doesn't include levering up already toxic levels of bad debt.

That the average U.K. household carries more net debt than even the average American household is barely mentioned amongst any 'reputable' financial source, also.

The U.K. is the empitome of a nation of debt serfs, and it really shouldn't come as a big surprise, as Nathan Mayer was Amschel's most successful son by far in terms of turning a nation (England) into a literal ATM machine for the Rothschild Family. This is the real reason why the U.K. didn't go "all in" on the euro, why Britain can sit back and attack PIIGS (while being more culpable of the things they claim are so wrong than many of the nations they are attacking), and the real reason why the U.K. is going to shit the bed hard as its economy crumbles.

Amerika is 20 to 30 years behind the U.K., in terms of de-industrialization, governmental choking off of free enterprise and individual liberty, bloated government, insane levels of taxes, fees, permits, regulatory consfiscation, and a whole assortment of other government scams to raise revenue by crushing the savings and incentives of the majority of its citizenry, to service the debt owed to its true owners.

It's going to be a long walk home.

Thu, 01/12/2012 - 11:30 | 2058341 GeneMarchbanks
GeneMarchbanks's picture

Um, America 20 to 30 years behind? One word: Detriot.

Notice the BBC is having an orgasm on ecstacy 'reporting' on PIIGS troubles? Feel free to not pay attention to the degenerates bottling alcohol in Manchester because what matters is: Man U beat City 3-2...

Thu, 01/12/2012 - 11:39 | 2058380 TruthInSunshine
TruthInSunshine's picture

Or New York.

New York & London are twin cities.

Both have the largest concentration of CCTV per square meter in the world, probably, in terms of cities, the largest number of 'financial services & engineering' firms and too-big-to-fail* (*as claimed by the likes of Hank Paulson) banking institutions, and the same setup in terms of confiscatory levels of taxation, fees, fines and other regulatory purgatory-ness.

Coincidentally, New York is home to the the only branch that matters in terms of The Non-Federal Reserveless Bank (which makes the decisions regarding how much will be taken from 'free' Amerikans in order to service the debt of the Money Masters) while The Bank of England's most important pillar is in London (the literal birthplace of a Money Master bank that bought the deed to a nation - ala Waterloo bidding), and makes the same decisions regarding the Brit debt serfs.

Thu, 01/12/2012 - 12:54 | 2058678 QuietCorday
QuietCorday's picture

No, Gene, the Brits did "Detroit" in the North of England bwteeen the 50s and the 70s; by the 80s, it was all over.

The only difference between Detroit in the US and the British "Detroit" is that the a) Brits that lost their entire livelihoods still stayed in the industrial wastelands they grew up in despite there being no jobs for them and b) the British government then poured unskilled immigrants from the developing world into these areas.

Americans, on the other hand, just got the hell out.

Thu, 01/12/2012 - 11:25 | 2058324 SheepDog-One
SheepDog-One's picture

Well yea the whole western world is bankrupt and fucked....but cant we get by on 'Hope'?

Thu, 01/12/2012 - 11:35 | 2058362 Al Huxley
Al Huxley's picture

And 'Change', don't forget change.

Thu, 01/12/2012 - 11:27 | 2058330 I am more equal...
I am more equal than others's picture

Haggish for everyone!  400% of GDP!  Wow, that's third world numbers. 

Thu, 01/12/2012 - 11:15 | 2058259 GeneMarchbanks
GeneMarchbanks's picture

Not a peep out of the S&P or Moody's. Coincidence?

No, no... stick with how the Eurocratz are incompetent bafoons narrative, that's much more enjoyable for the simpletons...

Thu, 01/12/2012 - 11:23 | 2058314 Alien Invader
Alien Invader's picture

That's a good point. What happened to the S&P and their downgrades of EU countries' debt? Maybe they got a memo from the giant squid asking them to hold off until they were short instead of long...i'm assuming they are running the same trades as their beloved ex-CEO Corzine.

Thu, 01/12/2012 - 11:24 | 2058318 dick cheneys ghost
dick cheneys ghost's picture

I ask?


Is it because the EURO must die?...............dont want any other currencies to compete with the dollar?...........


Most banks in the city of london are US banks..............

Thu, 01/12/2012 - 11:11 | 2058260 Dr. Engali
Dr. Engali's picture

I'll gladly pay you Tuesday for a warship today.

Thu, 01/12/2012 - 11:18 | 2058282 spanish inquisition
spanish inquisition's picture

War supplies are the new public works of the 1930's. You buy a bunch to show production and improve the books relative to debt.

Write it off and give it to your friends so they can sell it to China.

Thu, 01/12/2012 - 11:12 | 2058262 Temporalist
Temporalist's picture
German Economic Success 'On Shaky Ground'

experts warning that recession could lie ahead,1518,808758,00.html

Thu, 01/12/2012 - 11:13 | 2058265 LawsofPhysics
LawsofPhysics's picture

With the endless printing continuing, one would think this "should" be great for commodities prices.  Long all types of personal defense companies and manufacterers of riot gear.

Thu, 01/12/2012 - 11:20 | 2058295 Urban Redneck
Urban Redneck's picture

Even Carlyle is trying to cash out of the war for profit racket and monetize their equity to the next guy, but where do they park their depreciating fiat after the IPO settlement?

Thu, 01/12/2012 - 11:14 | 2058272 SoNH80
SoNH80's picture

Nice export basket, though.  Scots whisky and Triumphs still selling.

Thu, 01/12/2012 - 11:15 | 2058274 Matto
Matto's picture

Can somepne tell me the bottom right hand flag and the 2nd from top right hand flag?

Thu, 01/12/2012 - 11:21 | 2058294 SoNH80
SoNH80's picture

Red/white/blue =   Luxembourg, The red/orange w/shield = Spain

Thu, 01/12/2012 - 12:54 | 2058681 HoofHearted
HoofHearted's picture

What's the first flag on the left hand side? I know it used to have some significance about freedom or some such shit that has long since been squashed by making everyone debt slaves.

Thu, 01/12/2012 - 11:23 | 2058311 Cojones
Cojones's picture

Red white blue is Luxembourg, almost the same flag as the Netherlands. 

Thu, 01/12/2012 - 11:25 | 2058323 SoNH80
SoNH80's picture

I realized that and corrected my initial error after scratching my head about the GDP %-- Luxembourg is sky blue, Netherlands royal blue

Thu, 01/12/2012 - 11:24 | 2058319 bogbrush
bogbrush's picture

Froglandia and Côte d'Ivoire

Thu, 01/12/2012 - 12:10 | 2058509 Matto
Matto's picture

Luxemburg - thanks.


Whats the one second from top on rigth (below Japan)

Thu, 01/12/2012 - 12:30 | 2058605 Agent P
Agent P's picture


Thu, 01/12/2012 - 11:16 | 2058280 The Deleuzian
The Deleuzian's picture

I think the British Isles need more security cameras...You never know what those soccer hooligans are going to do next...

Thu, 01/12/2012 - 11:17 | 2058281 VelvetHog
VelvetHog's picture

I don't see a problem here.  Defecits don't matter.  Krugman told me so.

Thu, 01/12/2012 - 11:22 | 2058307 Vincent Vega
Vincent Vega's picture

I don't see a problem here. They can print enough money to cover this. Bernanke told me so.

Thu, 01/12/2012 - 11:23 | 2058313 EscapeKey
EscapeKey's picture

That was Cheney.

Krugman told us the QE print-and-spend (roads to nowhere public works) total should be in the $8-10tn range, however, we should also be extremely careful that debt/GDP ratios didn't become "excessive".

And in the event the QE had been $8-10tn, he would have found some other way to move the goalposts.

Thu, 01/12/2012 - 11:28 | 2058333 Vincent Vega
Vincent Vega's picture

Yes, moving the goal post a few trillion dollars at a time...we're all going to be millionair's...winning!

Thu, 01/12/2012 - 11:37 | 2058373 taniquetil
taniquetil's picture

"we should also be extremely careful that debt/GDP ratios didn't become "excessive""


Well, that does it. I take back everything I ever said about Paul Krugman. I shall now proudly present him with the "Totally and Completely Understands Economics Forever Trophy" for his brilliant insight.

Thu, 01/12/2012 - 11:18 | 2058284 Endurus
Endurus's picture

They need to add Fish and Chips to this chart.  What is the debt in terms of Fish & Chips.

Thu, 01/12/2012 - 11:19 | 2058292 Cojones
Cojones's picture

Luxembourg's 3443% debt to GDP is somewhat disturbing, for a AAA rated country.

Thu, 01/12/2012 - 11:32 | 2058343 The Deleuzian
The Deleuzian's picture

That's gotta' be a typo...3443%...If not...Atleast we know where all the 'financial dead bodies' are buried!

Thu, 01/12/2012 - 11:36 | 2058369 Cojones
Cojones's picture

They'll probably rename it Zombieland soon.

Thu, 01/12/2012 - 11:20 | 2058298 doomandbloom
doomandbloom's picture

so UK definitely a AAA+ then?

Thu, 01/12/2012 - 11:22 | 2058300 prains
prains's picture

top UK exports


bad teeth

propensity to whine

really really boring rugby

a population able to exist in a nucleuar winter as they can subsist without a vegetable for decades


Thu, 01/12/2012 - 11:28 | 2058334 Ahwooga
Ahwooga's picture

Well played my good man. Needed a good laugh today (am acutely aware of how dire the situation in my country is). Ta.

Thu, 01/12/2012 - 12:38 | 2058631 prains
prains's picture

just having some fun, we're all in the same boat circling the drain, killing time until the cosmic flush

Thu, 01/12/2012 - 14:01 | 2058907 prains
prains's picture

but really do something about the rugby it's horrifyingly bad

Thu, 01/12/2012 - 19:56 | 2060184 smiler03
smiler03's picture

Couldn't agree more but I have to tell you that "football" (the one where the foot never touches the ball and where a "touchdown" does not involve the ball being touched down) is even worse.

Thu, 01/12/2012 - 12:14 | 2058528 Agent P
Agent P's picture

You forgot American Rock Bands.

Thu, 01/12/2012 - 12:22 | 2058569 falak pema
falak pema's picture

all the best UK rugby players r in french club league, opposite of soccer clubs.

Thu, 01/12/2012 - 11:22 | 2058301 Cone of Uncertainty
Cone of Uncertainty's picture


Japan has a 200% D/GDP ratio.

Thu, 01/12/2012 - 11:23 | 2058310 Parabolic
Parabolic's picture

beat me to it cone bitch

Thu, 01/12/2012 - 11:24 | 2058316 Cone of Uncertainty
Cone of Uncertainty's picture

Hahaha, you little focker.

Thu, 01/12/2012 - 11:49 | 2058416 eucalyptus
eucalyptus's picture

I believe the chart is for externally held debt and not total debt. Most of japan's debt is held internally by its citizens.

Thu, 01/12/2012 - 11:22 | 2058302 Parabolic
Parabolic's picture

British Bentley Bubble, bitchez...
Between UK and Japan, the debt/GDP ratio is me popcorn ready for the next 21 months to see how this all plays out...

Thu, 01/12/2012 - 11:22 | 2058305 azzhatter
azzhatter's picture

It's all good

Thu, 01/12/2012 - 12:01 | 2058465 Oh regional Indian
Oh regional Indian's picture

nice attitude to have in these times...


Thu, 01/12/2012 - 11:25 | 2058309 bogbrush
bogbrush's picture

Great Stuff guys.

Thu, 01/12/2012 - 12:56 | 2058689 UP Forester
UP Forester's picture

Yeah, when you put it in pounds, the US debt is still under 10 Tril.

I think I've found an easy way to reduce the debt!

I'm going to send this to the BLS and CNBC!

Thu, 01/12/2012 - 11:23 | 2058312 Cone of Uncertainty
Cone of Uncertainty's picture

What is debt per missing teeth?

Probably 1.0

Thu, 01/12/2012 - 11:28 | 2058331 Caviar Emptor
Caviar Emptor's picture

Maggie told Ronnie "I'll prove that deficits don't matter". He believed her. Cheney confirmed it. 

Thu, 01/12/2012 - 11:31 | 2058346 RobotTrader
RobotTrader's picture

Basically, its is a race as to who can print the fastest in order to get their interest rates the lowest and their currency the highest.

Japan is now winning this race, as the BOJ has no qualms about "doing what is necessary" to prop things up.


- Strongest G-7 currency on the planet.

See for yourself:

- Cheapest long term debt funding in the world

Check it out:

Bottom Line:

Those supporting the Austrian view of economics have had their heads chopped off and anyone trading accordingly have seen their accounts totally wiped out.

Thu, 01/12/2012 - 11:35 | 2058364 SoNH80
SoNH80's picture

You are confusing causation and correlation.  The Japanese (esp. big corps.) are repatriating funds to help rebuild industries destroyed in the recent earthquake.  Yen goes up as capital flows back to the home islands.

Thu, 01/12/2012 - 14:07 | 2058940 MJ
MJ's picture

"print the fastest in order to get their interest rates the lowest and their currency the highest."

Everyone is trying to devalue.

Anyway, Japan will intervene on behalf of their currency again.  All the large corporations would rather have the FX around 100 USD/JPY.  I expect Japan to be much more active in trying to make this happen, because the large corporations want it and the world is in a currency war.

Thu, 01/12/2012 - 11:32 | 2058354 Instant Wealth
Instant Wealth's picture

... God save the Queen.

Thu, 01/12/2012 - 11:38 | 2058375 youngman
youngman's picture

I think we are spending way to much print on the DEBT...and how bad it is..and how its going to kill us......the Central Banks have shown us they are going to print to infinity.....and infinity is when it stops for some plan accordingly....think the 15.5 trillion in the USA is big..think 100 trillion...that is what they will save their save save the blame someone GOLD

Thu, 01/12/2012 - 11:50 | 2058422 Spigot
Spigot's picture

To Infinity and Beyond!

Has a nice ring to it. Got stuffen?

Thu, 01/12/2012 - 11:39 | 2058378 Hedgetard55
Hedgetard55's picture

How can their foreign debt be five times their total debt?

Thu, 01/12/2012 - 12:49 | 2058668 Grimbert
Grimbert's picture

Total debt includes personal and corporate debt, not just government? I'm not sure, I've never borrowed off a Frenchman.

Is the money we borrowed to lend to Irish at a higher rate taken off this figure?

Thu, 01/12/2012 - 11:43 | 2058395 reload
reload's picture

I would like to see a breakdown of all the nations above - which included the `foreign external debt` component.

Could it be that the UK whilst clearly awful - is made to look a bit worse by this component?

If it includes all the short term borrowings of the 400+ foreign banks in the city of London, then this would be causing some big distortion.

That said, our government spending is still wildly out of control and the tapped out consumer is only just awakening to the reality of his hang over. A long walk home indeed.

Farmers are doing well though, and land prices are understandably very firm. In part because farmland escapes the dreaded `death duty` or 40% estate tax. A nice block of good arable land next to mine just sold for £10,000 per acre. In yeras gone by it would have sold to a banker looking for a tax efficient way to spend a bonus, this time it was fought over by 3 cash rich and highly efficient farmers. The man with the deepest pockets won and stated that he would have paid more if he had needed to.

Thu, 01/12/2012 - 12:21 | 2058560 MachoMan
MachoMan's picture

As farms are a larger and larger portion of the productive economy, your last paragraph says a lot about what the prospects are for the have nots...

Thu, 01/12/2012 - 12:27 | 2058595 reload
reload's picture

Possibly, but Farms are easy targets for tax collectors. The estate duty relief could vanish overnight, and the UK Government has already made noises about an annual `wealth tax` of 1% on land holdings. 


Thu, 01/12/2012 - 13:37 | 2058818 MachoMan
MachoMan's picture

True, but the problem is through the deleveraging cycle, tax collectors become less and less inclined to go after the established, as the power vacuum is filled privately...  aside from the fact that virtually everything could have the tax hammer hit it at any time (or, alternatively, be confiscated)... 

granted, the land can't be moved as easily as other things, but the government can effectively nail down goods as well (hell, for a simple example, look at cold medicine).  You basically have to pull the trigger on what doesn't have substantial counterparty risk and provides some return and go on...  that's the gauntlet thrown down by the biflationary environment...  just hope your liquidity outlasts the biflation. 

Thu, 01/12/2012 - 11:47 | 2058406 Cone of Uncertainty
Cone of Uncertainty's picture

End the Fed.

Thu, 01/12/2012 - 11:48 | 2058414 Spigot
Spigot's picture

I concure with "the world is fucked" summary.

Thu, 01/12/2012 - 12:25 | 2058583 Dixie Rect
Dixie Rect's picture

Right-o ol chap! But how many pints can you buy with the British debt?

Thu, 01/12/2012 - 12:51 | 2058672 Grimbert
Grimbert's picture

How many pints can't you buy because of the debt?

Thu, 01/12/2012 - 13:04 | 2058726 Bindar Dundat
Bindar Dundat's picture

  Whatever you ZH's are smoking today -- I want some because it certainly is a seems like a good cure for reality.

Thu, 01/12/2012 - 17:00 | 2059770 Mr Joshua
Mr Joshua's picture

I don't get it... Am I being a retard, or are those REALLY cheap london busses?

Mon, 01/16/2012 - 10:14 | 2068443 dvitendi
dvitendi's picture

325k? Is this a joke? 

Thu, 01/12/2012 - 17:40 | 2059885 orkneylad
orkneylad's picture

"Never despair, but if you do, work on in despair."

Edmund Burke



Thu, 01/12/2012 - 18:33 | 2060031 hooligan2009
hooligan2009's picture

i think you will find that the UK's ASSETS on this same stupid non-country of origin basis are 5 times is GDP also. yawn

Fri, 01/13/2012 - 16:04 | 2062855 Mr Joshua
Mr Joshua's picture

Oh yeah, I was being retarded. Those numbers are the price each, not for the lot :D

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