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Message: General Gov't Debt to GDP Ratios

General Gov't Debt to GDP Ratios

posted on Apr 03, 2010 06:40AM

Re: Crisis really OVER??? General Gov't Debt to GDP Ratios new

RATE

General Gov't Debt to GDP Ratios:

Ireland 40%

U.K. 45

Spain 55

U.S. 60

Germany 65

Portugal 70

France 70

Greece 110%

Italy 120%

Japan 160%

As you can see, almost all fiat currencies are at risk!

There is only 1 currency that is riskless because it needs no country to back it - that currency possesses 1 unique character. On its own, it is intrinsic wealth - that currency is GOLD.

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