Teaser – Which country’s debt is 1000% of GDP?

Posted on December 9, 2011 by maxkeiser| 20 Comments

Guess Which Country Has Debt Of Nearly 1000% Of GDP…

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20 Responses to Teaser – Which country’s debt is 1000% of GDP?

Blah blah | December 9, 2011 at 4:20 pm |

Woohoo! Number One! UK! UK!

And next year we will be 2000% of GDP in debt as GDP is shrinking like a todger on a cold day and we are borrowing more than ever, both public and private. Roll on the credit rating downgrade, that will be when the pain really kicks in.
SilverCondom | December 9, 2011 at 4:27 pm |

The pudding is rotten… diarrhea time baby!
Dr. Richard Head | December 9, 2011 at 4:34 pm |

Hey Max and Stacy. Dylan Ratigan recently tweeted this – Dylan Ratigan @DylanRatigan 19 mins
“Bailout Total: $29.616 Trillion Dollars” Wow. http://bit.ly/szU2fX

I recall a show of yours regarding banksters being paid out double US consumer credit and mortgage debt. The banksters were paid for the faudulent debts and then the American plebe was still rquired to pay out the debt. I would LOVE to send this to Dylan to encourage him to have you and Stacy on his show. I have googled my ass off to find it, but cannot. Can you pointme in the right direction please?

Quite frankly, Dylan might be the ONLY opening for this to happen.
Dr. Richard Head | December 9, 2011 at 4:35 pm |

By the way, that show aired sometime at the end of 2007 or beginning 2009. I would like to show him your prescience on this matter of bankster cumduggery.
Dementia 5 | December 9, 2011 at 4:37 pm |

http://www.youtube.com/watch?v=ENc_gXmP5Mk
Roy | December 9, 2011 at 4:37 pm |

Max, maybe you can do a segment on who lends to all these sovereigns, banks, states, etc. Is it Central Banks? Who does everybody ultimately owe? This is a simple point that I can never get a hold on.
Dr. Richard Head | December 9, 2011 at 4:39 pm |

Damn, I meant beginning of 2008.
Dementia 5 | December 9, 2011 at 5:05 pm |

http://www.youtube.com/watch?v=jZoYUQSU38E
MirrorMirror | December 9, 2011 at 5:11 pm |

.

EU Imperialism
http://www.youtube.com/watch?v=dl1csXMOQ_M&feature=g-u

Lord Lawson on David Cameron not signing European treaty (09Dec11)
http://www.youtube.com/watch?v=NQe0jTOKniE&feature=g-u

Daniel Hannan on David Cameron not signing European treaty (09Dec11)
http://www.youtube.com/watch?v=euelw_v0Vnw&feature=g-u

.
MirrorMirror | December 9, 2011 at 5:24 pm |

@Max … LOL, are those “sources” just making the numbers up as they go along ?

Seeing as the London Bond market is about 10 times bigger than FF & Paris together, I guess it’s easy to select any figures out the pot that suit.
Those banks in the City hold a variety of bonds , not just Govt. and certainly not just UK Govt. :

“to some extent, potentially government debt,”

Lord Lawson on David Cameron not signing European treaty (09Dec11)
http://www.youtube.com/watch?v=NQe0jTOKniE&feature=g-u

6 minutes

.
Spud | December 9, 2011 at 6:24 pm |

Hey Max i am not bailing out the whole of England! there are others at the party as well.

http://mlkshk.com/p/2U94

Now some music https://www.youtube.com/watch?v=Ydls3iAcs0A
SilverPorno | December 9, 2011 at 6:28 pm |

@Dementia 5

Yes, that about sums up London. “Mary Fuckin’ Poppins”.
Uptick | December 9, 2011 at 6:34 pm |

all the U K gold is stashed in the vatican
gold bullet | December 9, 2011 at 6:49 pm |

@Uptick

What UK gold?! Didn’t Gordon Brown sell all of the UK’s G.O.L.D. for $200 / oz?!
I_Cant_Believe_Its_Just_a_Dip | December 9, 2011 at 6:59 pm |

@mirrormirror, I prefer to remember Nigel lawson like this,
http://www.youtube.com/watch?v=uFdt4Kc9qnU
@spud, we’ve all been bailing out the UK banksters for years with the stealthy currency devaluation they sometimes call quantitive easing, Max calls it a slow motion bank robbery.

The normal laws for these kinda people(?) just don’t apply anymore.
Wolferl | December 9, 2011 at 7:23 pm |

@ gold bullet

C´mon, don´t pour salt in old wounds.
Illinois Brandon | December 9, 2011 at 7:26 pm |

Wow! Damn that is more than twice the debt of the US!
gold bullet | December 9, 2011 at 7:46 pm |

@Wolferl

Well it’s not my fault that Gordon Brown is a freaking idiot!
indeed | December 11, 2011 at 1:39 am |

Joe is not very bright. (Again, I’ve said that before). He uses some stupid government nonsense and cuts and pastes to his own ends.

But I believe that the UK has much more “debt” because they’ve been doing the police state thing for a very long time. No fear tho’, the US is getting caught up.
Bruce | December 11, 2011 at 8:47 am |

Fancy a cuppa tea, guv?