Cold Reality of the State of the World Economy

Economics / Global Economy May 19, 2010 - 02:52 AM

By: Brian_Bloom

For those who are still in denial regarding the extent of the economic/financial issues we are facing, the table below should put things into perspective.

Source: http://blogs.telegraph.co.uk/finance/ed ... world-imf/
What this table reflects is the percentage of GDP that will need to be applied by the various countries – during the year 2010 – to meet this year’s sovereign debt repayment obligations and to finance this year’s forecast budget deficits.



For those who need more structure in their thought processes, the 2010 Gross Financing Needs of the “ten worstâ€