To begin with what most bottom had finished?

[You are using to know "national debt" mean? And shalt not see a "national balance sheet" in the household account book mentality]
http://business.nikkeibp.co.jp/article/money/20100816/215789/?bvr

Last night, Fu-Tato~un appeared in a dream, to yourself (Forward),
"This Eleven taste is!"
Because it was spitting discarded and,
"Su it co ○ formic ● do!"
Eye was awakened where it rammed a. Something, it seems to have been mixed.

Once, I tried to start with meaning unclear sentence after a long time, Japan's designation in the world of "of the new century to Big Brother" is the third region.


"The US economy is again contracted, the unemployment rate exceeds 10% - Mr. Rosenberg of The Economist
http://www.bloomberg.co.jp/apps/news?pid=jp09_newsarchive&sid=aNjOxfu7Z8Fw
Chief economist of the asset management company Gurasukin Chef & Associates (Toronto), for David Rosenberg said the US economy, reflects the current situation that is not ceased completely the recession is again contraction (recession), The unemployment rate showed the prospect of a more than 10 percent in the future.
Rosenberg said the 20th, appeared on the program "The Hays Advantage" on Bloomberg Radio, the recent economic indicators, 4 -. Growth rate of the June quarter would be "revised downward US Federal Reserve prediction of system Board (FRB) and I told the reduction obtained. "
Expected he, yield 30-year US Treasury bonds is reduced to "2-2.5%". The unemployment rate I showed the view that "" penetrate the ceiling up to this that the 10% level slightly above. '"
According to the statistics of the Ministry of Labour, unemployment rate and 10.1% in October last year, was recorded at a high level for the first time in '26. Rosenberg showed the expected and next November could reach 12%. "

Although you will be asked often the term "double-dip" about the recent US economy, Watakushi is,
"The first place or wonder had finished really most there?"
We continue to have a question.

The reason, looking at the debt of each economic entity of the United States, government (federal and local government) other than because it is not clearly recovery.

[American sectoral important financial liabilities transition (Unit: one billion US dollars) in 2007 - 2010 Q1]
http://members3.jcom.home.ne.jp/takaaki.mitsuhashi/data_29.html#USDEPT2

Barely, only debt of companies in the first quarter of 2010, but was a little back, and the second quarter of real GDP growth rate is when it is revised downward, the most recent data would be subtle. Well, in the case of the United States, it is the support of personal consumption is "the world's largest demand item" Prior to that, it is not a gdgd at the time that continues reducing the debt of households.

A little interesting data.

For the United States and Japan of debt (the latest data), I tried to compare what economic entities accounted for the proportion of how much. (Figure above since only "important financial liabilities", is slightly different)

America
Statistical discrepancy 4.9%
Household · NPO 10.4%
Non-financial corporations 28.4%
Financial institutions 47.1%
Local government 2.2%
Federal Government 7.0%

Japan
Liabilities of households 7.02%
Non-financial corporations 22.24%
Financial institutions 51.56%
Private non-profit organizations 0.36%
Government 18.82%

Debt of the American government, together federal and local content, is not accounted for 9.2 percent. In contrast, Japan is 18.82%.
However, does not mean the proportion was greater in the whole so much debt from the beginning even if separately from the Japanese government. Proportion of Japanese government debt at the time of the collapse of the bubble to the total, was 7.73%. Share of government debt increases gradually from there, it is a translation had now reached nearly 20%.

By the way, percentage of the total debt of the United States government, as I wrote earlier 9.2 percent. And, the percentage of the total debt of the Japanese government was 9% block, I just of 1996. In other words, in the year in which the Hashimoto regime was established, it is a translation of the eve of austerity the start of '97, which was full-scale Japan's deflation.