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Chart du Jour: What deleveraging?
The charts below, courtesy of Bianco Research (via The Big Picture), show U.S. private, government and total debt in both nominal terms (top graph) and as a percentage of GDP (bottom graph). In short, the deleveraging process still has a long way, and could cause a headwind for economic growth for many years to come. (Please note that the right-hand axis on the bottom chart should read “% of GDP” instead of “Trillions of dollars”.) Click on the images below for larger charts. Source: Bianco Research (via The Big Picture), December 29, 2011. More on this topic (What's this?) Just What is A Leveraged Buy Out (LBO)? (Investing School, 2/1/12) The Great Deleveraging Myth (GreenLightAdvisor Views, 1/17/12) The Great Deleveraging Myth (Wall Street Sector Selector, 1/17/12) Leave a Reply | |||||||||||
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