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JPMorgan Chase's $2.2 trillion in debt represented some 91 percent of its $2.4 trillion in assets.
Before the Asian country's economy crashed, sovereign debt represented just 6 percent of Japanese banks' balance sheets.
Last year, debt represented 55 percent of European buyout deals, compared with 66 percent in 2007, according to the data provider LCD, a unit of Standard & Poor's.
Meanwhile, external debt represented 25.1% of GDP, debt servicing consumed the equivalent of 6% of goods and services, GDP per capita declined (despite net emigration rates of about 2%), and budget deficits held at about 2.5% of GDP.
In 2007 French mortgage debt represented only 35% of GDP, according to the European Mortgage Federation, less than in Germany (48%) and way off that in the housing-bubble economies of Britain (86%), Ireland (75%) and Spain (62%).
He noted that buying what he called "sovereign distressed debt" represented only a tiny fraction of the $9 billion that is under management by his funds, but defended his decision to press for repayment, saying that countries must meet their obligations.
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Argentina's debt represents 25percentt of all emerging-market bonds.
The federal debt represents the accumulated total of past borrowing.
North Korean debt represents Aberdeen Exotic's largest country exposure, accounting for about 35percentt of assets.
Of its real estate positions, debt represents 58percentt and equity, 26percentt.
This raises the risk of default on its 327 billion euro debt, representing 150 percent of its economic output.
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