What this means is that since the crisis broke out in 2008, which countries have added the most debt relative to the size of the economy in order to boost/juice/stimulate growth.
You see Ireland, Greece, and Spain in the top 4, and the US, Japan, and the UK rounding out the top 6. Why have Ireland, Greece, and Spain had such trouble with their funding of this stimulus vs. the other three? Because the bond market decided not to let them play.
Soon the bond market will do the same for the US, Japan, and the UK. It is only a matter of which one happens first. My money is on Japan, but those holding precious metals care little about the order of collapse.
