Top Countries by Debt :Debt is an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
#top10 #top20 #top10economies
correction – No 3: China, No 4: UK
Beggars india
Germanys dept is 61% to gdp 1.9 trillion is the depth
oops Japan debt to gdp %- 257% !
and for US its – 104% ..isnt that high ? ..i dont know much regarding what it means …can anyone explain what these numbers signify
You aren't even close on China's debt.
Usa s debt is 110% of its economy,while China ones is 40% so if they both pay their debt,China would be richer
That USA and Japan terrified me very much..it punch me hard that they actually fight their best with debt, same as Britain even they loit very much from Our country Malaysia,
Guess what, we need to redefining the meaning of being developed or developing ,rich or poor
Peace from a Malaysian boy
Who owns all that money??
iam greek and i know about the greek dept ,but just now i discovered that the people who always trolling the greeks at you tube by saying greeks pay your dept and bla bla bla they have 7 times biger debt than greece.stupid germans
If 100% of GDP debt is seen as a bad psychological barrier, then Greece and Japan with over 200% must be completely in the kaka.
from where usa have taken debt?
Many of the europeans think of greeks and they are like : oh hi… Pay debt {ironic}
That makes them stupid
I thought europeans were clever enough to see through all the aspects ?
Greece's geographical location doesn't help at all btw (They have oil and and many other precious natural resourses on their land (which they are not allowed to exploit as it seems) every time a greek politician tried to use them he was suddenly "out of the game" or inexplicably resigned
It's one of the european countries that's been through a lot of Wars
(They are not as Lucky as scandinavians and other europeans to have friend countries on their side… thats why I'm pissed off with the rest of europe)
When war was done in greece you can easily understand that the currency was weak… like a lot (the amount you get by other european countries with bigger economies is a lot less in your currency) the reality is that europeans had always been a little loan sharks
They took advantage of a fallen country just to have another source of money in the future (they knew greece wouldn't be able to pay all this making them sell their national precious resourses and "the country itself"
Europeans have also stolen A LOT! Ancient greek masterpieces (displayed on their museums making millions and billions all those decades by their history) but no oh no no no the debt is not getting decreased it remains the same
What about the german debt to greece (germans still refuse to pay) too pity greeks can't say the same to you because they are greeks and you are germans…
In WWII germans asked for golden liras in order not to kill family members (other balkan countries and maybe a few other european countries can relate)
Plus all those bombed ancient sightseeings
But of course greeks could be more careful (but Seriously Comparing to greece other european countries never had real problems)
I'm so sorry for any kind of mistake you may encountered while reading… I was typing really fast
How japan repay the amount 237 % ?