Fat attack
When economists talk about countries living beyond their
means, they usually have in mind such measurements as debt
ratios and personal consumption expenditures. Let's throw out
the eco-babble, though. To judge how financially overextended
a country is, all you usually need to do is look at its waistlines.
You might call it the Big Ass index. The bigger the posteriors,
the bigger the risk of an economic meltdown. In a class of its
own is the U.S., with an obesity rating of 30.6%. From there, this
unscientific measurement suggests that Mexico, the U.K.,
Slovakia, Greece, Australia, New Zealand and Hungary should be
facing hardships now or in the near future. The CR is no island
of austerity but has only an average risk of a fat-induced
economic crisis. China is one of those with the lowest obesity
rating, but it's getting fatter fast. Maybe, just maybe, the
Chinese will eat the rest of us out of this crisis.
[Czech Republic United Kingdom United States of America]
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