This is a syndicated repost published with the permission of True Economics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
In the nutshell, the Euro area recovery:
- Government debt to GDP ratio is up from the average of 66% in 2006-2007 to 89% in 2016;
- Corporate debt to GDP ratio is up from the average of 72% in 2006-2007 to 78% in 2016; and
- Household debt to GDP ratio is down (or rather, statistically flat) from the average of 58.5% in 2006-2007 to 58% in 2016.
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