Wednesday, April 22, 2009

Public debt stabalisation costs - what Brown doesn't want you to see

From the Labour truth and embarrassing fact expunged IMF report:

Table 1.8. Public Debt and Stabilization Costs, end-2009

(In percent of GDP)


Gross Government Debt

Financial


200S

2010

2008-2010 (Percentage point

Stabilization Costs

Country

(Percent of GDP)

(Percent of GDP)

change)

(Percent of GDP)

Australia

8

7

-1

0.3

Austria

62

73

10

7.4

Canada

64

77

13

2.8

Denmark

22

30

7


Finland

33

46

13


France

67

80

13

1.8

Germany

67

87

19

3.1

Greece

95

109

13

4.1

Ireland

43

84

41

13.9

Italy

106

121

15

0.9

Japan

196

227

30

1.7

Netherlands

53

61

9

8.0

New Zealand

19

30

11


Norway

67

67

0

0.3

Portugal

65

78

14

2.3

Spain

39

59

20

3.7

Sweden

36

44

8

7.7

United Kingdom

52

73

21

13.4

United States

71

98

27

12.1



As BOM reports the Labour govt has bullied the IMF into removing the following table from their report. ( If I heard right on the radio is revised slightly down ).

This is the utter disaster that Labour have driven us into and they would rather you didn't find out about until after the next general election.

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