"As US Debt To GDP (ratio) Passes 101%, The Global Debt Ponzi Enters Its Final Stages

[…] So somehow the world’s two most indebted countries (recall that Japan is about to in total pass 1 quadrillion debt) are out there and buying up the biggest amount of US debt (after the Fed of course)?

Sorry, but while we are amusing by this attempt by the global ponzi regime to keep itself alive (even as Russia and China prudently step aside from the mauling that is sure to follow), whereby the most indebted nations keep buying each other’s debt in the most transparent and potentially deadly shell game in history, we are also confident this is unsustainable…"

— ~~Tyler Durden @ ZeroHedge on 02/21/2012