Single Post Display - MarketTicker Forums

Quote:

There is this chart, from Morgan Stanley that I got somewhere and saved. According to that, we didn't reach the peak of 300% debt to GDP until around 1933 or so, the bottom of the Depression. I don't whether that final rise from 200% to 300% was due to more debt still being taken on, or just GDP collapsing before the debt start being destroyed.

Excellent assumption, Publius. You are right. GDP fell by almost half between 1929 and 1933. Here are figures in $billions.[/[/[/[/

1915	38.7	3.06
1916	49.638	3.61
1917	59.702	5.72
1918	75.835	14.59
1919	78.333	27.39
1920	88.4	25.95
1921	73.603	23.98
1922	73.432	22.96
1923	85.4	22.35
1924	86.947	21.25
1925	90.6	20.52
1926	96.9	19.64
1927	95.544	18.51
1928	97.4	17.60
1929	103.6	16.93
1930	91.2	16.19
1931	76.5	16.80
1932	58.7	19.49
1933	56.4	22.54
1934	66	27.05
1935	73.3	28.70
1936	83.8	33.78
1937	91.9	36.42
1938	86.1	37.16
1939	92.2	40.44
1940	101.4	50.70
1941	126.7	57.53
1942	161.9	79.20
1943	198.6	142.65
1944	219.8	204.08
1945	223	260.12

Above is a table of GDP info. The first number is the year, the second column is the GDP reported, the third number is public debt (no info available here for total debt) and represents "actual reported data".

I love this site, it lets you play around with all kinds of charts and figures. They have data going back to 1792. I'm not sure exactly where it all comes from but some comes from US Census reports that date back to the 1790's.
http://www.usgovernmentspending.com

Last modified: 2011-07-20 20:21:07 by bigbluffer
Reason: fixed table formatting, I hope

2011-07-20 19:51:38


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!