Debt to GDP Crisis checking

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Global debt at its highest level in peacetime
Median Debt to GDP of 12 countries-70%
[ Are we going to have WWIII? or the world will handle debt with peace method?]
...

Before subprime, debt to GDP at 40%
After subprime, debt to GDP at 50%
Now it hits 70%

• Third Italian war of dependence (1866)
debt to GDP from 60% to 70%
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• Russo Japanese war (1904)
debt to GDP from 30% to 50%
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• WWI (1914-1918)
debt to GDP from 40% to 70%
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• Great depression (1929)
debt to GDP from 45% to 70%
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• WWII (1939-1945)
debt to GDP from 70% to 125%
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• Global financial crisis (2009)
debt to GDP from 35% to 50% in 2015

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*This calculation includes 12 countries
USA, Japan, Netherlands, Germany, France, UK, Italy, Australia, Canada, Spain, Switzerland & Sweden)

Source: Deutsche bank