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Debts of the giants

Overburdened with debt, the public finances of advanced countries are in a terrible shape, probably at their worst if you ignore wartime periods.

Print Edition: May 30, 2010

Overburdened with debt, the public finances of advanced countries are in a terrible shape, probably at their worst if you ignore wartime periods. Most of them will have to adopt some serious fiscal belttightening measures to avoid going the Greece way, says a Citigroup Global Markets report. Here's taking a look at the public finances of these economic giants, what's got them to this state and the road ahead.

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