European countries owe way more than the US
- Thread starter Topspin
- Start date
FUCK THE POLICE
911 EVERY DAY
They apparently get this by calculating total debt, not just debt the government owes.
And JESUS, WTF is wrong with Ireland? 1000% debt/GDP reation?! It seems the right-wing policies worked there alright!
And JESUS, WTF is wrong with Ireland? 1000% debt/GDP reation?! It seems the right-wing policies worked there alright!
Topspin
Verified User
Watertool, again this water is way over your head.
Every, I mean Every left leaning large European country owes more per capita than we do. Diggit
They take out internal debt (bonds people buy expecting the government to give a certain percentage) and only count the external debt as a portion of the GDP. The US does actually rather well, did you see Ireland? Over 1200% of their GDP, they triple second on the list.
And this is without the huge standing army to bog them down.
And this is without the huge standing army to bog them down.
FUCK THE POLICE
911 EVERY DAY
They take out ALL internal debt (not just bonds) and leave the rest (all debt, again, not just government bonds).
Obviously, taking out internal debt and only counting foreign debt would make big countries look better.
Right, thanks for repeating what I said, Watermark. They take out internal debt, and then apply external debt as a portion of GDP.
Cancel 2018. 3
<-- sched 2, MJ sched 1
what right wing policies do you claim worked or caused this debt?