Max Keiser On The Shocking Real Debt To GDP Ratio Of Britain

It?s always a pleasure to talk with Max, and in this interview he drops a bombshell that I still have a hard time even contemplating: the claim that the UK?s private debt to GDP ratio is 950%, and the finance sector alone has a debt ratio of 600% of GDP.

Our discussion starts at the 14 minute mark.

I still have to see the data for myself, and until then I?ll remain skeptical, but below is a chart allegedly sourced from Morgan Stanley that makes that claim.

Source: http://feedproxy.google.com/~r/clusterstock/~3/_qQJLJY5mHs/max-keiser-on-the-shocking-real-debt-to-gdp-ratio-of-britain-2011-12

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