External debt is the sum of a countries public debt - the debt that it owes another country. Here we take a look at countries with unbelievably high numbers of external debt.
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The economy is a very confusing thing, and apparently it had a bit of a hiccup in 2006 with "The Great Recession", which sounds like the world's economy wanted to break-up with us, but didn't want to have to move out of our apartment just yet so it had to "Recede" to find itself...
Brazil's economy is the largest in Latin America. The country makes its money through it's agriculture and tourism. It's also home to Embraer, which is the third largest producer of civilian aircraft, right behind Airbus and Boeing.
Sweden's economy is doing really well at the moment. In fact, the country currently sits as the seventh-richest country in the world, as far their GDP (gross domestic product) goes.
Did you know that there was more to Australia than just kangaroos, boomerangs, shrimp on the barbie and deadly animals hiding in every single corner?
Lo Stivaale, "The Boot". The third most populous EU state, the birthplace of the Renaissance, and home to the ruins of the once great Roman civilization.
This country is TINY. It's land-locked, in between Belgium, Germany, and France. The whole thing is about the size of Rhode Island.
Je ne parle pas français. Je vais donc rester avec l'anglais. France is a country with a rich heritage and culture, defined by it's romantic tendencies.
Nippon, the small island country next to Asia. It kept up a pretty strict policy of isolation from the rest of the world until 1853 when the U.S. sent it's navy to... convice the Japanese to open up their borders, which they did.
Hey, guess what? Brexit didn't kill the U.K... In fact, they're doing just fine. Good for them. Everyone was expecting Britain to mostly fall apart after leaving the EU, but those stubborn British buggers proved they were more than a match for what was to come.
European Union: $13,050,000,000,000
USA! USA! USA!
The U.S of A. A federal republic (not a democracy, btw. We're a republic) that spans a large portion of the globe, well past the North American continent. We own islands in the Pacific and the Caribbean. We're the third most populous nation in the world, with over 324 million people.
Japan Still Beating China on One Score: World’s Top Creditor
May 21, 2015, 10:07 PM PDT Updated on May 22, 2015, 12:48 AM PDT
Japan’s foreign investments and assets climbed to a record in 2014, keeping it in front of China and Germany as the world’s top creditor nation.
China has the most powerful military and its an international creditor. This is because when you have a strong military people owe you money. Not the other way around. Its like the mob. The mob or loan sharks. They have the hired muscles and guns. So they get other people into debt.
There is a way for everyone who owes debt to someone to use our native Icelandic Independence Party to pay the debts. This party has enough money to pay all the world´s debts independently of which country has a debt. Charge the party!All of you!
And this is the dirty secret that they won't tell you about the so called rich prosperous nations. What do they all have in common ? Massive amounts of debt. They just borrow and borrow and borrow to give the appearance to the rest of the world that they are extremely wealthy. It's all a facade.
Why is he calling Japan a tiny country? 10/214 by population. 3/214 by GDP. 127 million people is not small. Russia has 144m people, is it small? If you rebutt that Russia is geographically large then... Iceland should be a borderline great power
Having the world’s most powerful military (a military that is made to fight wars with one arm tied behind its back and carry out peace missions that no military is supposed to do) does take the pressure of having its MASSIVE unsustainable DEBT. It’s kind knocking on your neighbor’s door to demand your “lawnmower” back... knowing full well that IF he was in a bad mood he could pound your brains into the pavement... “I’ll just mow the grass some other time”
totally wrong figures... Germany has 2.9 Trillion not 6 Trillion as this condescending trollop says.... and GDP is never proven to be correct especially in the way it is calculated and reported... mostly contrived ... totally bad reporting ... or should I say a LIE
all countries have national bebt from at least 20 percent to 250 percent including china. So the question is to whom they owe all money to. No one can lend money to other when they are in debt them-self. So who is supposed to collect all these money.
Lol if you say the uk has 400% external dept ..yes thats true but at the same time other countries owe the uk nearly as much ..and than you talk about the 19 Billion the us is in dept and yes i mean billion because if you are to dumb to count i will explain it
one 1 ten 10 hundred 100 thousand 1000 ten-thousand 10000 hundred thousand 100.000 million 1.000.000 Milliarde 1.000.000.000 now you say thats a billion but a billion is 1.000.000.000.000 than you say thats a trillion but that would be 1.(000.000) (000.000)(000.000) Long and short scales i know but i just call you to stupid to count ..the now 21 billion us dept is not the externail dep that would mean that the uk has 2.5 billon or 90% dept not 400 and the external dept is now around 240% don't mix this stuff up .
according to US debt clock including unfunded liabilities the real debt of america is over 112 trillions not 19 , you aren`t doing well , america is faking bilance sheets since the end of Gold Standard , You are Scammers .
Well the joke of the video was "America has the best military in the world". Seriously dude? This powerful military is stuck in rocks of afghanistan for 16 years and couldn't defeat a few thousands of taliban.
Jayesper President Andrew Jackson was the last president who completely got our country out of debt. His motto was "I killed the bankers." Since then, Central banks took over. The issue of money should reside with the people, and until that happens, the bankers will control everything.
Some like greece to world bank, pakistan to IMF etc. They asked bail out. People do not know economics. Example Japan has huge debt but it is mostly to japanese people. Japanese people have millions with no loans. So Japan debt not important. Also Japan has huge investments abroad and that is why they are great donors.
We would have won the war if France didn't help us
Our people was stronger ( better diet and more baby's were surviving) and had more people
Britain was the strongest army at the time yes but they didn't know how to fight guerrilla warfare
No he said 2 trillion external debt and that is just a portion of the total debt as most UK debt is held by UK bond holding companies like the bank of england and and many others just as with the US debt.
Sunil Ipe Pretty much, Japan is still a net creditor, arguably the largest. But it's close with the PRC. Both nations hoard credit. Japan is ten times smaller though, so that's something. Sorry PRC, ROK, DPRK and even some Dixie's, but Japan isn't sinking anytime soon
People do not know economics. Example Japan has huge debt but it is mostly to japanese people. Japanese people have millions with no loans. So Japan debt not important. Also Japan has huge investments abroad and that is why they are great donors.
this site calculates the national debt of china, china also has much more company debt. The debt of government owned companies and individual debt. combined is around 30 trillion USD i heard
I can't even imagine where you pulled that number from but china has $1.56 trillion debt which is 13% of it's GDP (Lowest amongst the large economies).
fake money = fake debt, what are the banksters going to do if the entire country defaults? It's not like they borrowed us their own money...they made it out of thin air. Don't tell me they own the military and loose them on us.
Pakistan asking bail out as it is poor. People do not know economics. Example Japan has huge debt but it is mostly to japanese people. Japanese people have millions with no loans. So Japan debt not important. Also Japan has huge investments abroad and that is why they are great donors.
Example pakistan has loan from china. Greece from world bank. Both asked bail out. People do not know economics. Example Japan has huge debt but it is mostly to japanese people. Japanese people have millions with no loans. So Japan debt not important. Also Japan has huge investments abroad and that is why they are great donors.
Okay, as a swiss citizen (and it has probably already been mentioned) I just want to correct (probably again): we don't have a debt of 1'500 billion. That would be almost three times our GDP... The federal office for statistics indicates our debt level is around 220 billions (confederation, cantons, communes and insurances all together) or around 35% of GDP.
The amount of 1'500 billions seems to come from Wikipédia for some weird reason and I can't find the actual source. It's just very weird and simply doesn't make sense.
And you are a piece of shit because no one likes you. Especially your job. Must wonder how it feels if you ever get into debt and get calls constantly.. oh wait you must be perfect because you are a collector. Fucking bitch
The Weimar Republic tried my friend
In the end it was as if there was this cosmic force destroying all hope for Germany and pushing it towards Hitler's hands
The fire at parliament that was blamed on commies turning the German people against commies
Wall street crash gave hitler the key to end Weimar Republic
Bruh some eternal spirit was helping that guy
Γιατι ειναι 3 φορές το GTP μας (115 δισ) Ξέρεις ποιο ειναι το παράξενο? Οτι οταν ο Παπανδρέου εβαλε την Ελλάδα στο πρόγραμμα το GTP μας ήταν ~300 δισ το 2008, και το 2004 ήταν 380 δις. Παράξενο, ε? Θα έλεγε κανείς στημένο....
their economies can still service the debt and that assures investors that they are willing or are able to pay and at the same time they can provide social services adequately.To tell you the truth investors do not want the countries to repay the whole debt because they benefit from interest or servicing of the debt by the country.The size and power of a country matters
@jon jones`barber , yea its true the debts are around 450 billion more or less but the point is our currency is printed by the "turkish" central Bank and this bank is owned by the bank of england , this is why our currency is not stable enough we are fooled by the british and their Monetary policy , Turkeys real Gdp is now Around 2,1 Trillion but we dont get this money all the wealth our ressources go into this system , if we get a gold backed currency outside the dollar and bank of england system then our debts would be around 20-25 % . All we need to do is droping the dollar and taking our goldreserves out of england and the US.
I read an article that the USA debt unlike the normal popular layman debt incurred at the inception and end year of a president, by Trump is projected to add more debt in 1 term as Obama did in his two
Not true. Number 1 is Japan. If you'd add up all EU countries, it's also about the same amount as China and Japan.
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