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Who is the Biggest Debt Time Bomb: Japan, France, the UK or the United States?

George Dorgan Published by
George Dorgan

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Some must reads: According to the Economist the biggest time bomb in the euro zone crisis is France.

We wonder why the United States and Britain, that have same weak trade balances, the same weak competitiveness and a debt overhang, shouldn’t have a problem?

Just because France must do austerity according to the German Fiscal Compact wish, and the US and Britain do not need to do this?

Or like Ray Dalio called it, are the US and Britain doing a beautiful deleveraging? Or is financial repression and accumulation of debt a real danger, given that the earlier phase of debt deleveraging after the WWII in the 1950s was driven by negative real interest rates and financial repression, but also with strong growth. Where is the strong growth today to be able to repress financially?

George Dorgan,

Disclaimer: The opinions expressed above are not intended to be taken as investment advice. It is to be taken as opinion only and we encourage you to complete your own due diligence when making an investment decision. Even if we often write about Forex trading, our advices aren't written for day traders who follow technical channels, but rather for mid- and long-term investors. Our aim is to show discrepancies between fundamental data and current asset valuations, which can lead in mid-term to an inversion to technical channels.

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