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presented by Harry S. Dent, Jr. The Global Crash Ahead. (2011). (1993). Iceland: How to Deal With a Debt Crisis. Balance Sheets of Major Central Banks, 2000-2011. In Trillions of Converted USD*.
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presented by Harry S. Dent, Jr. The Global Crash Ahead (2011) (1993)
Iceland: How to Deal With a Debt Crisis
Balance Sheets of Major Central Banks, 2000-2011 In Trillions of Converted USD* Data Source: Federal Reserve, People’s Bank of China, Bank of England, European Central Bank, Swiss National Bank, Bank of Japan, Bloomberg, 2012; *Foreign Currency Amounts Converted in 2/2012
Ireland vs. Iceland, Spending Wave1950-2100 Ireland, In Thousands Iceland, In Thousands Data Source: United Nations Population Division, 2012
Currency Devaluation,ISK/USD, 2000- 2012 Number of Dollars 1 Icelandic Krona Buys Data Source: Bank of Iceland, 2012
Iceland vs. Ireland, Private Debt to GDP, 2002-2011 Data Source: Bank of Iceland, Bank of Ireland, 2012
Ireland vs. Iceland Gov’t Debt as % of GDP, 1998-2011 Data Source: St. Louis Federal Reserve, 2012
Ireland vs. Iceland, House Price Indices, 2000-2011 Index 100= 2005 Data Source: St. Louis Federal Reserve, OECD, Statistics Iceland, 2012
Ireland vs. Iceland, Household Debt to GDP, 2000-2011 Data Source: Bank of Iceland, Bank of Ireland, 2012
Ireland vs. Iceland Major Stock Indices, 2000-2012 ICEXI ISEQ Data Source: Bloomberg, 2012
Ireland vs. Iceland, Quarterly Real GDP, 1998-2011 Quarterly; Year Over Year % Change Data Source: St. Louis Federal Reserve, 2012
Ireland vs. Iceland, Unemployment Rate, 2000- 2012 Data Source: IMF, 2012
Ireland vs. Iceland, Inflation Rate, 2002-Feb. 2012 Year over Year Percent Change Data Source: St. Louis Federal Reserve, 2012
Ireland vs. Iceland 10-Year Treasury, 2008-2011 EFSFAction to Lower Interest Rates Data Source: Bank of Iceland, Bank of Ireland, 2012
Ireland vs. Iceland, Total Debt to GDP Ratios 626%!!! 358%!!! Percent of Selected Debt to National GDP Data Source: Bank of Iceland, Bank of Ireland, 2012
Japan: How Not to Deal With A Debt Crisis
Is the U.S. Following Japan? Data Source: St. Louis Federal Reserve, 2012
Japan Birth Index47-Year Lag Data Source: Ministry of Health, Labour and Welfare, Japan, 2012
Bank of Japan Discount Rate1980-2011 Data Source: Bank of Japan, 2012
U.S. vs. Japan Central Bank Securities Purchases as % of GDP 2011 2021 2013 2015 2023 2017 2019 Data Source: Bank of Japan, Federal Reserve, 2012
Japan, Debt to GDP Ratios1980-2010 As Percent of GDP Data Source: Cabinet Office, Annual Report on National Accounts, 2012
Japan Nikkei Bubble From 1985-1995 Data Source: Bloomberg
Japan, Urban Land Index, Average of 6 Major Cities,1964-2011 Index 100= 2000 Data Source: Land Institute of Japan, 2012
Japan, Inflation Rate1960-2010 Year over Year Percent Change Data Source: OECD, 2012
Japan, 10 Year Bond Yield 1985-2012 Data Source: Bloomberg, 2012
Japan Household Savings Rate1985-2005 Source: “Outlook for Financing Japan’s Public Debt,” Kiichi Tokuoka, IMF, 2010
Spain: The Next Sub-Prime Crisis
Spain, Spending Wave 1950-2095 In Thousands Source: United Nations Population Division, 2012
Spain, Housing Demand Wave 1950-2100 Number of Those Aged 30-39 In Thousands Data Source: United Nations Population Division, 2012
Unemployment Rates, Select European Nations, 1998-2011 Data Source: EuroStat, 2012
Spain, Under 25 Unemployment Rate, 2007-2012 Data Source: Bloomberg, 2012
U.S. vs. Spain, House Price Index, 1995-2011 Index 100= 1995 Source: “Investment Focus: The Pain in Spain,” Carmel Asset Management; 2012
House Price to Income Ratios Around the World Data Source: OECD, 2012
U.S. vs. Spain, % of Workforce Involved in Construction Data Source: Bloomberg, 2012
Banks with Largest Commercial Real Estate Exposure Source: “Investment Focus: The Pain in Spain,” Carmel Asset Management; 2012
Spain, Bad Loan Ratio Data Source: Bloomberg, 2012
Household Asset Split in Select Nations Source: “Investment Focus: The Pain in Spain,” Carmel Asset Management, Oliver Wyman; 2012
Debt in Spain by Category Percent of GDP Source: “Investment Focus: The Pain in Spain,” Carmel Asset Management; 2012
Spain, Debt to GDP Ratios of Major Categories 400% Total Combined Debt to GDP! Percent of Selected Debt to National GDP Data Source: IMF, 2011; The Economist, “World Debt,” 8/24/2011
Government and Private Debt, Selected Countries Debt to GDP Data Source: “Measuring the Unfunded Liabilities of European Countries,” Jagadeesh Gokhal, 2011; OECD
Net External Debt as Percent of GDP, 2010 Data Source: World Bank, 2012
Bank Deposits in Spain are Rolling Over Millions of Euros Data Source: Bloomberg, 2012
Spain, IBEX 35, Head and Shoulders Pattern,1995-2015 H Logarithmic Scale S S Data Source: Bloomberg, 2012
The Big Picture: Global Chart Patterns
10-Year Treasury Bond Channel1989-2015 Data Source: Yahoo! Finance, 2012
Balance Sheets of Major Central Banks, 2000-2011 In Trillions of Converted USD* Data Source: Federal Reserve, People’s Bank of China, Bank of England, European Central Bank, Swiss National Bank, Bank of Japan, Bloomberg, 2012; *Foreign Currency Amounts Converted in 2/2012
S&P 500 1995-2014 C E A B D Data Source: Yahoo! Finance, 2012
S&P 500 Megaphone Pattern1960-1975 E C A B D Data Source: Yahoo! Finance, 2012
Dow Transports1995-2014 E C A D B Data Source: Yahoo! Finance, 2012
Russell 20001995-2014 E C A D B Data Source: Yahoo! Finance, 2012