A link for you Mr. Mackin

[littleman]

https://howmuch.net/

Countries where people owe the most

    Japan: $85,694.87 per person

    Ireland: $67,147.59 per person

    Singapore: $56,112.75 per person

    Belgium: $44,202.75 per person

    United States: $42,503.98 per person

    Canada: $42,142.61 per person

    Italy: $40,461.11 per person

    Iceland: $39,731.65 per person

    Australia: $23,356.08 per person

    United Kingdom: $36,206.11 per person

Countries where people owe the least

    Liberia: $27.44 per person

    Tajikistan: $50.67 per person

    Democratic Republic of Congo: $90.70 per person

    Burundi: $97.62 per person

    Kiribati: $126.98 per person

    Malawi: $172.34 per person

    Uzbekistan: $177.13 per person

    Uganda: $194.23 per person

    Haiti: $204.33 per person

    Mali: $207.54 per person

[Mackin USA]

TY, LM

YEP Japan is F%#Ked

You can't trust an figures from China

When the bubbles burst it will not be pleasant for anyone - imo 

[Mackin USA]

BRINGING IT HOME TO THE AVERAGE CAR BUYER

Just two weeks ago we noted that a record 25% of vehicles being traded in for used car purchases had negative equity of $3,635.  Now, according to the latest report from Edmunds, the new car market isn't any better off with 32% of trade-ins having an average negative equity balance of $4,832.  Of course, that's no problem when you can simply roll that negative equity into a brand new 7-year loan at a 2% interest rate.  Sure, with the average car priced at $33,000, that means your starting principal balance is 115% of your new car's value but that's no big deal, right?  That just means you'll have to roll over even more negative equity in 4 years when you buy your next brand new vehicle."

http://www.zerohedge.com/news/2016-11-29/negative-equity-rolled-new-car-purchases-reaches-record-4832

[ergophobe]

Great list!

YEP Japan is F%#Ked

Of course, based on that one metric, Liberia should be ruling the world when the bubble pops.