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| 2008 global public debt $32 trillion |
Global public debt, the amount owed by the world's governments, has risen by almost $20 trillion in the five years since the panic of 2008, an increase of nearly 63%.
Note the main offenders, none of whom has been practicing austerity in any sense of the term: America, Canada, Mexico, Brazil, The UK, Europe, India, China, Japan and Australia. Spendthrifts all.
See the data and charts, here.
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| 2013 global public debt $52 trillion |
None of this is ever going to be paid back. Chaos awaits.
