{"id":261931,"date":"2010-02-01T14:46:00","date_gmt":"2010-02-01T19:46:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/check-out-the-breathtaking-speed-at-which-countries-are-headed-to-the-debt-crisis-abyss-2010-2"},"modified":"2010-02-01T14:46:00","modified_gmt":"2010-02-01T19:46:00","slug":"check-out-the-breathtaking-speed-at-which-countries-are-headed-to-the-debt-crisis-abyss","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/261931","title":{"rendered":"Check Out The Breathtaking Speed At Which Countries Are Headed To The Debt Crisis Abyss"},"content":{"rendered":"<p><a href=\"http:\/\/www.mckinseyquarterly.com\/Economic_Studies\/Country_Reports\/The_looming_deleveraging_challenge_2510?gp=1\">McKinsey Quarterly&#8217;s State of the Day<\/a> takes a look private and public sector debt by country as a percentage of GDP.<\/p>\n<p>You&#8217;ve probably seen these stats elsewhere in some form or another, but what makes this one particular interesting is the way it shows the change. The UK&#8217;s race towards the top &#8212; with debt-to-GDP having grown 156% since 2000 &#8212; is stunning.<\/p>\n<p>South Korea&#8217;s 93% surge is also startling and, we&#8217;d guess, not getting enough attention.<\/p>\n<p>Japan on the other hand is in the nosebleed territory, but then, it&#8217;s been there for a long time, and the story hasn&#8217;t changed.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b672ecd000000000063a946\/debt-sovereign.png\" border=\"0\" alt=\"debt sovereign\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/check-out-the-breathtaking-speed-at-which-countries-are-headed-to-the-debt-crisis-abyss-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/this-little-piigy-is-about-to-get-a-sovereign-downgrade-2010-1\">This Little PIIGy Is About To Get A Sovereign Downgrade<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/traders-aggressively-buying-credit-default-swaps-against-sovereign-debt-2010-1\">Traders Aggressively Buying Credit Default Swap Protection Against Sovereign Debt Defaults<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/pimcos-ring-of-fire-chart-shows-the-true-state-of-sovereign-debt-2010-1\">PIMCO: The US Falls Into The Sovereign Debt Ring Of Fire<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/-RExLZT5o5I\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>McKinsey Quarterly&#8217;s State of the Day takes a look private and public sector debt by country as a percentage of GDP. You&#8217;ve probably seen these stats elsewhere in some form or another, but what makes this one particular interesting is the way it shows the change. The UK&#8217;s race towards the top &#8212; with debt-to-GDP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-261931","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/261931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=261931"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/261931\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=261931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=261931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=261931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}