MNeagle
16th May 2010, 04:45 PM
The size of the sovereign fiscal adjustments ahead around the world, based on the latest IMF figures, assuming countries want to stabilize debt as a percentage of GDP. The numbers represent required contraction in domestic spending (in the cyclically adjusted primary balance) between 2010 and 2030 as a percentage of GDP. Click for a larger version.
http://paul.kedrosky.com/archives/2010/05/fiscal_adjustme.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+InfectiousGreed+%28Paul+Kedro sky%27s+Infectious+Greed%29
http://paul.kedrosky.com/archives/2010/05/fiscal_adjustme.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+InfectiousGreed+%28Paul+Kedro sky%27s+Infectious+Greed%29