Did you know?

Posted on 19th March 2012 by Trevor Reynolds in Blog

In the next decade alone, 29 countries (EU-17, US, China, Canada, Japan, UK, Brazil, India, Mexico, Australia, S. Korea, Turkey and Poland) will between them see $36.8 TRILLION in debt maturities and, in a world without fear, the rates at which they will need to refinance their bor­rowings will be markedly higher – too high, in fact, for many of them to be able to cope with. At that point in time, no amount of Quantitative Easing will be enough to fix the problems facing the world’s central banks because once the fear of collapse turns to fear of the sovereign bond markets, the game is over.

 

EU-17       $8.386 Trillion

 

 

 

USA        $10.247 Trillion

 

 

 

China      $1.095 Trillion    

 

 Japan   $11.699 Trillion

 

 

 

 UK         $1.833 Trillion

 

 

 

Korea         $367 Billion

 

 

 

Turkey       $282 Billion

 

 

 

India        $623 Billion

Mexico $497 Billion

Australia $204 Billion

Poland $282 Billion

 

 

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