PIMCO: The US Falls Into The Sovereign Debt Ring Of Fire
In the latest PIMCO investor letter, Bill Gross brings up a chart he likes to call "The Ring of Fire."
As you can see, this chart/graph (BELOW) details the amount of debt a country has in relation to their GDP.
Countries in the fire zone are headed for hell in a handbasket.PIMCO predicts these countries, which include the U.S., will increase public debt to greater than 90% over the next few years, which will in turn stall growth.
PIMCO: The most vulnerable countries in 2010 are shown in PIMCO's chart "The Ring of Fire." These red zone countries are ones with the potential for public debt to exceed 90% of GDP within a few years' time, which would slow GDP by 1% or more. The yellow and green areas are considered to be the most conservative and potentially most solvent, with the potential for higher growth.
Don't miss: The world's 10 biggest sovereign risks >
Source: Business Insider.com, Jan 26 2010
By: Vince Veneziani
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
A teacher exposes the LGBT agenda coming into in elementary schools
At the Teens4Truth Conference at the Southwestern Baptist Theological Seminary, Nov.18, 2017. A teacher warns that parents have no idea how bad it is, and ev...
main-qimg-c0f46f334984bf2d4642651a38db08ca
"This is sick. What about learning something useful like, reading, mathematics, literature, science…"
How much money makes anyone have a god complex?
Trump makes a meme of himself as Jesus Christ. Soros says he fancied himself a sort of god.In 2004,…See More
main-qimg-c0f46f334984bf2d4642651a38db08ca
Hate children< then put them in a classroom where Lebians teach them how to use dildos, where…
"Gordon thanks for your support."
What If origins on Our Planet are Different Than we Think?
For a long time now there has been a theory that would fit into both creationism and the simulated…See More
All Bases Erased, Air Defense Shattered ! Iranian Missiles Massacre U.S. FORCES | Douglas Macgregor
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Same Package - Different Label
This way or that way, we get to the same place. It's time to take another road.
TRIVIA OF THE DAY Kier means “Penis” in Persian
"Nomen est omen. A political dick destroying his own country."
"Wow! The final progressive steps to the government run matrix. Now just fine tuning it. I…"
"That's a great poem it's a good time for writing being national poetry month in America…"
© 2026 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network