vvg
Here is an article supporting martis' concerns about the level of total indebtedness - it is only a partial story as it does not cover China (or Australia which has total current debt of over 300% of GDP, ie it does not include unfunded long-term liabilities).
http://globaleconomicanalysis.blogspot.com.au/2012/02/face-music-road-back-to-prosperty-is.html
I am not relying on martis's views about when I should exit the share market as his timing is not good, and he has chosen to compare Australia with Greece, which is an over the top comparison for now.
There are lots of other articles on the debt issues for those wanting to self-educate on this subject.
loki (goldiebug)
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