Unchained Preppers

General Category => News & Politics => Topic started by: Nemo on September 30, 2016, 09:47:06 PM

Title: Stats to Confirm the Debt Concerns
Post by: Nemo on September 30, 2016, 09:47:06 PM
The US is about # 17 on the list.  Worth a click through.  Might make you buy another B box or 2.

Nemo

http://www.lovemoney.com/galleries/55484/20-countries-drowning-in-debt (http://www.lovemoney.com/galleries/55484/20-countries-drowning-in-debt)

Quote
Swamped by massive loans
The US may have the largest national debt of any country at an eye-watering $19.5 trillion (£14.7trn), but nations with a higher debt-to-GDP ratio are more indebted in relative terms. The higher the ratio, the more unsustainable the repayments and the more at risk a country is of falling into a debt spiral. Up to their eyeballs in IOUs, we reveal the most leveraged nations on the planet according to World Economic Forum research.