How Much Does Greece Owe? 4 Charts That Put Greek Debt in Perspective

Brzezinski, warns of consequences of the Greek crisis. Franco-German empire playing economic games threating the stability of West and Eurasia:

Clinton deregulated banks. Now sorry. Lewinsky scandal distracted him. Wasn't thinking. Didn't realize end game. Misery foisted on the innocent. He, of course, unscathed. He didn't lose his savings, house, job, pension, position as a captain of the world, life. His funders gained. But, they could not elect him. The voters that put him on his high horse suffered material, physical and psychological losses.

Greece's impossible bailout designed by a finance captain brought down by the stranglehold of a third world born chamber maid. President of France is having trousers trouble.

Debt unsustainable. Greece must reform its bureaucracy. World must stop Franco-German capital blockade against Greece now before it is too late!

We do not truly know the US DR. Because since the 80's the USA was hiding DR. By lending money to others to pay their bills.

For example if I owe the bank 1 million and I guarantee your loan for 1100000 to pay my bill – you have a loan not me and it dose not register in my dr. Only if you do not pay it's my dr. So as long as I keep signing your loan guarantees I will never register the dr. on my balance sheet.

Let's look at national issues. The USA has no money and they want the translations off their books- so they give a loan to Trinidad for say 25 billion to expand the economy under the condition they by US goods. It's easy to lend fiat currency Cz it's really cost nothing to make or create.

The loan is a receivable for the USA and offsets the drop in US exports at the time the loan is given. It generates exports but also enslaved the population that accepts the loan or poison. As in Greece they will never be able to pay their loan so the elected government is accountable to not the electorate but the banks. The IMF is an extension of the privet company known as the US federal reserve that has duped governments to betray the electorate for personal gain in wealth or fame.

Now – money is not real and based on a persons willingness to accept it!!

If I could print money and I gave you $1 billion loan then I'm a billionaire Cz my books show you owe me! I made money literally out of thin air!

So it's all glass and mirrors and will fail very soon maybe this October when we see 3ed quarter company profits. Canada is spending billions to pump up our output in all the infrastructure investment to create the illusion that all is well but after the October election and winter the economy will slide. People are not braking down the numbers they are lazy and look only at the totals and you need to see were that number comes from and is it sustainable?

With interest rates at a historic low the government has nothing to use but increase money supply and create inflation. Historically when the economy slowed they lower rates to increase spending and consumer borrowing. That's all maxed out now with record consumer dr. And a flat economy going to slide further down this fall when seasonal employment ends. This will push up inflationary pressure as government deals with a slumping economy and dollar. To pull back inflation an encourage foreign investment the Feds will rase interest rates to a Canadian population that is already maxed out at the historic low rates. How will they manage new rates at 15 to 20%.

Raising rates is inevitable because as the economy south slows natural resources demand drops and so does the Canadian $$$ pushing up inflation. We are in a real mess as I see it.

The question is how will Italy and Spain survive if Greece dose not pay them back. Both economies are in trouble. Sanctions on Russia is pushing Italy into recession and now this big hit. Spain is even in a worse position and needs financial aid.

That's why China, Russia and others are spending the US $! Not to be coughs holding the junk!

This is helping a lot of countries but putting more down pressure on the US$ forcing the USA to randomly give more loans until it all caves in!

Tara, VERY interesting graphs. Cuts through all the garbage and spin.

First, to Louis. Good idea to look at that metric, but your math is off. USA is $50,000 per head and Greece is only $30,000 per person. It would be interesting to see all the countries in that list per capita.

Now the thing that should scare the bejesus out of Americans is the last graph and the debt held by Japan and our friends the Chinese.

The situation with the Chinese has been like the guy at the dentist's office and he grabs the dentist by the crotch and say's "We're not gonna hurt each other, are we?" We bought cheap Chinese junk and they, in turn, bought our junk debt. The day the Chinese have a viable middle class and they don't need us anymore, is the day they don't show up for the bond auctions. And, Baby, the day they do that we are toast. I think they did it once a few years ago and the market tanked that day.

The day Japan can't afford to buy USA debt anymore will be similar.