When all of a country’s currency in circulation is created from a central bank with interest attached there can never be enough money in circulation to pay back the principle plus the interest, therefore debt line can only up as you borrow more and more to stay afloat. Our debt based fiat currency financial system is the biggest scam of them all.
One_Long_996 on
Debt is infinite, normal people pay with inflation, rich don’t care if things are 10% more expensive. In the end it gets inflated away.
OtherwiseLuck888 on
I’ve said it and will say it again
Canada has fallen…HARD!
Who’s still denying it is delusional.
Yeah USA has problems but is still economically 10x better off than COLDNADA
datums on
Canadian debt to GDP is not even close to 114%, it’s around 69%.
Lance_E_T_Compte on
I see some places where billionaires could enjoy more tax cuts!
littypika on
I don’t even think Japan incurs that much debt on a $ amount, compared to other nations… it’s just that their GDP has failed to keep up and grow over the years that now their debt-to-GDP ratio is off the charts.
Signs of an aging population and several other demographic and social issues that have negatively impacted their GDP.
Head-Program4023 on
Japan why?
vitorgrs on
This is wrong for Brazil. It’s 76%
AgentDaxis on
Trump trying to speed run the US to catch up with Japan.
Nick19922007 on
Ha! Years of cutting investions in infrastructure, education and market growth finally pays in this map! Germany destroyed its whole country to be lightish red here.
16 Kommentare
[deleted]
When all of a country’s currency in circulation is created from a central bank with interest attached there can never be enough money in circulation to pay back the principle plus the interest, therefore debt line can only up as you borrow more and more to stay afloat. Our debt based fiat currency financial system is the biggest scam of them all.
Debt is infinite, normal people pay with inflation, rich don’t care if things are 10% more expensive. In the end it gets inflated away.
I’ve said it and will say it again
Canada has fallen…HARD!
Who’s still denying it is delusional.
Yeah USA has problems but is still economically 10x better off than COLDNADA
Canadian debt to GDP is not even close to 114%, it’s around 69%.
I see some places where billionaires could enjoy more tax cuts!
I don’t even think Japan incurs that much debt on a $ amount, compared to other nations… it’s just that their GDP has failed to keep up and grow over the years that now their debt-to-GDP ratio is off the charts.
Signs of an aging population and several other demographic and social issues that have negatively impacted their GDP.
Japan why?
This is wrong for Brazil. It’s 76%
Trump trying to speed run the US to catch up with Japan.
Ha! Years of cutting investions in infrastructure, education and market growth finally pays in this map! Germany destroyed its whole country to be lightish red here.
How’s the PIGS now France ?
What they doin in Sudan?
[https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country](https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country) this says otherwise
But where is Russian debt?
Libya and Syria have no debt, bless