July 14, 2010
Graph of the Day for July 14, 2010
"The level of public debt in many industrial countries is on an unsustainable path. Current budget deficits, partly cyclical but also swollen by policy responses to the crisis, are large in relation to GDP... high levels of public debt may lower long-term growth and ultimately endanger monetary stability. These risks underscore the need for credible measures to reduce current fiscal deficits in several industrial countries." Bank for International Settlements, 80th Annual Report, June 2010.
Source: Source: Bank for International Settlements, 80th Annual Report, June 2010.
Hoven's Index for July 14, 2010
Government debt in 2010 as a percentage of GDP:
Portugal: 95%
Italy: 132%
Greece: 129%
Spain: 73%
US: 90%
Government deficit in 2010 as a percentage of GDP:
Portugal: 7.4%
Italy: 5.2%
Greece: 8.1%
Spain: 9.4%
US: 10.7%
Source: Bank for International Settlements, 80th Annual Report, June 2010.
Graph of the Day Archive.
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- Trump’s Chess Game Is Improving
- Trump Has the Taxpayers’ Back
- Downsizing the Federal Government
- Is There A Problem With Colorado State University And Its Nipah Virus Research?
- Media Titans Rattled by Lawsuits
- Tribalism: The Key to Understanding Islam
- Reaching for the Source of Meaning and Certitude
- The Musk-eteers Reveal You’ve Been Living in a Simulated Reality
- America Must, Can, And Should Renew Its Nuclear Energy Dominance
- Trump and the States Confront Digital Issues
Blog Posts
- Democrats decry Trump’s cancellation of ‘green’ subsidies because he’s ending a ‘low-cost’ industry
- Larry Summers and four other Democrat Treasury secretaries come out together to howl about DOGE
- Anti-white propagandists spread disinformation to spur race wars in South Africa
- Democrats are politically bipolar on illegal immigration
- Country as home
- Legos called ‘heteronormative,’ problematic
- President Trump addresses his largest TV audience ever during an interview before the Super Bowl yesterday
- Lawfare 2.0: A New York judge launches a coup
- Politically bipolar
- My experience with USAID and Israel
- Marco Rubio, not Obama, on Cuba
- Homeland Security Secretary Noem accuses FBI of leaking news of ICE raids to the press
- Rathergate at 21
- Revisiting Benghazi
- The Second Amendment: new Trumpian opportunities