Debt to GDP

Interesting article about historical growth rates for nations based on size (market cycle) and Debt/GDP ratios, and inflationary averages.

GROWTH IN A TIME OF DEBT
http://www.nber.org/papers/w15639.pdf?new_window=1
by
Carmen M. Reinhart
Kenneth S. Rogoff


Notes"
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (does not include private investors)

FHDebt/GDP Ratio grew 7.5% YoY to 40.49% in October of 2012

http://www.treasurydirect.gov/NP/BPDLogin?application=np
DEBT HELD BY THE PUBLIC
PDebt/GDP Ratio grew 7.7% YoY to 82.8% in October 2012

With the contraction in 4Q 2012 of .1%, and a slight underestimation of the deflator, it's likely PH/GDP is above 85%.  
If CPI is allowed substituted for the deflator it's quite likely the ratio is over 90% on 1/1/2013, we'll just have to wait on the releases to find out.