When Will The Debt Picture Implode? [Scary.. Charts]

In 50 years from now, economists may refer the first half of the 21st century simply as – The Debt Era. Anyone who has watched the financial world over the past while has seen the massive explosion in debt across the globe. Here’s a look at where debt to GDP is now by country. It’s somewhat difficult to decipher the details in certain areas, such as Europe. One thing is clear, though.  Debt loaded countries are heavily concentrated in the European continent, with the United States and Japan not far behind. A zoomed view of Europe follows.   The View…