Unless you happen to be a financial expert, this infographic from IronFX.com might seem a bit dense. In this case, however, that’s a good thing because this kick ass infographic is stuffed edge to edge and corner to corner with insightful facts! As the infographic points out:
Since the recession hit in 2008, there has been a lot of attention drawn to national debt and government budget deficits.
Even if you’re not into politics and public policy, you are likely aware that government debt is becoming a huge issues across the world. From swelling debts in Japan, the USA, and across Europe, to bad loans handed out in China, we have plenty of reason to worry!
The USA has the most debt at over 15 trillion dollars but Japan comes in a close second at 13.5 billion dollars. Even more astonishingly, this debt accounts for 230 percent of their GDP! China has almost 2 trillion dollars in debt, but this accounts for barely more than a quarter of their GDP.
The most shocking number by far, however, is Luxembourg’s external debt. According to this infographic, the nation has an external debt per capital of nearly 3.7 million dollars! How is that even possible? Well, it turns out that Luxembourg (along with similarly positioned Switzerland) actually have assets that exceed their debts!
There are numerous other interesting pieces of information in this article. You really owe it to yourself to take a good long look!
