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What Country has the most Unsustainable Debt?

Discussion in 'Property Market Economics' started by Graeme, 13th Oct, 2015.

  1. Graeme

    Graeme Well-Known Member

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    An infographic by How Much showing the relationship between debt and GDP.

    [​IMG]

    Looks like we're doing OK here in Australia.
     
    radson likes this.
  2. See Change

    See Change Timing Lord Premium Member

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    Oh good

    Nice to know we're not going down the gurgler

    Cliff
     
  3. TJamesX

    TJamesX New Member

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    Perthguy and HomePage like this.
  4. Rumplestiltskin

    Rumplestiltskin Well-Known Member

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    Russians are doing very well.
     
  5. adrian_christian

    adrian_christian Well-Known Member

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    Italy not going so well.....in the red with negative growth and over 100% debt ratio. Not getting the same coverage as Greece, Portugal, Ireland was/is getting. Don't be fooled by the South African figures either, that economy is going down the proverbial toilet.
     
  6. Big Red

    Big Red Well-Known Member

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    The thing that is stupid is everyone owes everyone else money so who actually owns the debt?
     
  7. Perthguy

    Perthguy Well-Known Member

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    I am concerned about Australia's level of personal debt too, especially credit card debt and unsecured personal loans. I think that increasing levels of these kinds of debts will impact the economy.
     
  8. Casteller

    Casteller Well-Known Member

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    A lot of a countries debt is owed to institutions within that country itself via securities it has created and sold. Also foreign central banks and sovereign wealth funds are big purchasers.