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These are two graphs from a (free daily) Dutch newspaper:

The first graph is mortgage debt in % GDP, the second is house prices with reference to 1985. The color code for countries (from blue to red, as in the lower right corner): US, UK, Ireland, Spain, Netherlands. The right end of the top graph for the US is at 71%.

How many economists are asking how economies can recover with so much private debt?  

by das monde on Fri May 20th, 2011 at 02:05:25 AM EST

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