Thursday, April 19, 2012

There must be a better way

Following up on my 5 AM post, this graph from The Economist:

As the key shows, green represents the lowest levels of debt.

Which countries are in green? Brazil, Russia, India, and China.

All four are doing well, and three of the four are among the world's fastest-growing economies, according to this map from IndexMundi:

In a world that relies on credit for growth, the best growth is achieved when debt is not yet excessive, so that debt may grow rapidly and eventually become excessive.

There must be a better way.

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