Global Debt, Not What you Think!
Who would have thought that France, Netherlands, Denmark Portugal, Ireland, Spain Sweden and the UK have HIGHER debt ratios than Greece?? Who would have thought that China was in pretty good shape.. by comparison to all of Europe, S. Korea and Japan?
Just how bad is the global debt problem?
Following is the most recent debt-to-GDP data from Ned David Research (NDR):
S. Korea 357%
Worth thinking about...
God bless you,
Ed & Branson
At Calyx, we help families protect and manage their financial resources. We are a financial advisor and investment manager that partners with our clients to administer their financial affairs with personal attention and active risk management.
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