The Daily Stat: Day of Reckoning Looms for World's Big Borrowers

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile FEBRUARY 1, 2010 Day of Reckoning Looms for World's Big Borrowers The U.S. is often assumed to be the world's most profligate borrower, yet by 2008, several countries — including France, South Korea, Spain, and the UK — had higher levels of debt as a percentage of GDP. Despite early signs of recovery, the deleveraging process may just be getting under way in these countries and is likely to exert a significant drag on GDP growth. Source: The looming deleveraging challenge Copyright © 2010 McKinsey & Company. All rights reserved. Reprinted by permission. Share Today's Stat: RELATED PRODUCT HBR Stats on Your iPhone or iPod Touch FREE Native App Available Now in the App Store All of the stats you receive daily in this email newsletter are now available in app format on your iPhone or iPod Touch. Download the free app now! ADVERTISEMENT Follow the Stat: LATEST POSTS Soothing the Customer's Itch Tweeting for Social Good in Davos Better Decisions Through Analytics Davos 2010: Mexico Vs. South Africa Get the latest posts every morning! PREVIOUS STATS The Worst Highway Bottleneck in the U.S.? Hundreds More U.S. Firms Likely to Default in Next Two Years Companies Get Blamed for People's Financial Situations U.S. Bank Earnings Likely to Continue Struggling Has the Upturn Already Begun? Current Travel Slump Marks a Big Shift Face Time Really Matters Clean Tech Takes Decades to Achieve Widespread Acceptance Business Leaders Are Out for Themselves, Americans Say Gender Diversity Policies Still Rare HBR Online Trial Access HBR's in-depth business archives FREE for 14 days. Register today » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 1-800-545-7685 (617-783-7600 outside the U.S. and Canada)