Tuesday, January 26, 2010

The Ring Of Fire

Bill Gross, who manages the largest bond fund in the world at over $1 trillion, put together a chart that shows the countries who are headed for enormous problems with their debt.

The chart shows actual public debt (the amount of money the public owes) and government deficit debt.  The combination of the two will create a lethal combination as we move forward.

Most of the names you see in the ring of fire I discussed in The Perception Of Safety.


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