World Debt economy, Industrial up 80%, Developing 30% of GDP

World manufacturing exporters China Germany

2050 15% World population over 65 except Africa

65 years, how to pay back $60 trillion World debt ???

G20 2010

IWF:

No3: China replaces Germany, India more influence

Political power shift

World divided since two decades:

A) Dynamically growing 5 - 10 % growth

B) Relatively static part 2 % growth

While the emerging and some

developing countries have an average annual growth of five to ten percent, the developed world achieved little more than two percent.

Developed industry countries take an ever-growing mountain of debt: their debts were before the credit crisis on average about 60% of annual economic output, now after the crisis the debt rate increased to 80% of GDP. The Emerging markets, however achieved their 5 - 10 % growth rates with only 30 to 40 percent debt.

Dynamic Dozen 12

BRIC: Brazil, Russia, India, China

Indonesia, Mexico, South-Africa, Argentinia, South-Korea, Nigeria, Vietnam, Turkey

The competition for raw materials has increased dramatically. One reason for this is, the economy of many developing countries has grown during the crisis. Developing countries with individual growth want to use important raw materials themselves. Western companies have more and more problems to buy rare earth metals.

Related:

$57tn world debt Jan 1st 2010

source PDF: cia.gov

US sub-prime credit crisis changed world debt:

Before crisis:

Industrial countries 60% debt of GDP

Today:

Industrial countries up to 80% debt of GDP

Developing countries before/after crisis

30% debt of GDP,

no increase of debt but

5 - 10% growth of GDP

click image to enlarge

Debt - external: $56.9 trillion (31 Dec. 2009 est.)

note: this figure is the sum total of all countries' external debt, both public and privat

source: indexmundi.com/world/debt

CIA - The World Factbook: Debt

United States $13.45 trillion (30 June 2009)

COUNTRY DEBT - EXTERNAL

Trillion Debt

United States $13.45 trillion (30 June 2009)

Germany $5.208 trillion (30 June 2009)

France $5.021 trillion (30 June 2009)

Ireland $2.287 trillion (30 September 2009)

Billion Debt

Greece $552.8 billion (30 June 2009)

China $347.1 billion (31 December 2009 est.)

Brazil $216.1 billion (31 December 2009 est.)

Ghana $5.84 billion (31 December 2009 est.)

Zero Debt

Brunei $0 (2005)

source: cia.gov