Courtesy of Mish.
Last week, Dr. Lacy Hunt, Executive Vice President of Hoisington Investment Management Company, made a presentation at the Casey Research 2013 Summit.
I am a big fan of Dr. Hunt, and he graciously agreed to let me post some of the charts from his 42 page PDF.
I selected charts on a theme of US debt vs. Debt in other countries. The charts that follow are from Lacy Hunt. The comments that follow are mine.
US Private and Public Debt as Percent of GDP
click on any chart for sharper image
The above chart looks (and is) extremely alarming. But how does it compare with debt in other countries?
Major Countries Private and Public Debt as Percent of GDP
Many other major countries are as bad off as the US. But those charts show public and private debt. Inquiring minds may be interested in public debt alone.
Government Liabilities as Percent of GDP
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