Chart du Jour: What deleveraging?
Posted By Prieur du Plessis On December 30, 2011 @ 9:44 am In DEbt,Economy,US | No Comments
The charts below, courtesy of Bianco Research [1] (via The Big Picture [2]), 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.
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[4]
Source: Bianco Research [1] (via The Big Picture [2]), December 29, 2011.
Article printed from Investment Postcards from Cape Town: http://www.investmentpostcards.com
URL to article: http://www.investmentpostcards.com/2011/12/30/chart-du-jour-what-deleveraging/
URLs in this post:
[1] Bianco Research: http://www.arborresearch.com/bianco/?page_id=46908
[2] The Big Picture: http://www.ritholtz.com/blog/2011/12/what-deleveraging/
[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/12/O3.png
[4] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/12/O21.png
[5] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US
[6] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire
[7] Just What is A Leveraged Buy Out (LBO)?: http://investing-school.com/definition/just-what-is-a-leveraged-buy-out-lbo
[8] The Dangers Of Leveraged ETFs: http://disciplinedinvesting.blogspot.com/2012/01/dangers-of-leveraged-etfs.html
[9] The Great Deleveraging Myth: http://wallstreetsectorselector.com/2012/01/the-great-deleveraging-myth
[10] Leverage: http://www.wikinvest.com/wiki/Leverage
[11] Axis: http://www.wikinvest.com/stock/Axis_(FRA:XIS)
[12] Wikinvest: http://www.wikinvest.com
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