All countries with (GDP, population, external
debt and %debt/GDP) appear on these websites: http://www.nationaldebtclocks.org/ and https://en.wikipedia.org/wiki/List_of_countries_by_external_debt
The top 10 GDP countries plus Greece are
listed below:
Country GDP Pop Ext
Debt %GDP
United States $17.4T
321M $18.5T
106%
China $8.2T 1.4B $3T 38%
Japan $5.1T 127M $2.9T
60%
Germany $3.2T
81M $5.5T
145%
France $2.87T 66M
$5.7T 222%
UK $2.84T 65M $9.6T
406%
Brazil $2.53T 203M $0.4T
15%
Russia $2.12T
143M $0.6T 23%
Italy $2.12T 61M $2.7T 124%
India $1.85T 1.3B
$0.4T 23%
Greece $192B
11 M
$360 B 174%
Greece borrowed more than they could make
payments on and defaulted on 6/30/15. They also had too many government
employees and too many early retirees. Italy, UK, France, Germany and the US
has similar problems.
Russia, Brazil and the Asian countries are
managing their debt much better than the US and the European governments when
you look at external debt. Japan is
funding over half of its total debt internally, with savings from its own
citizens. The UK takes the cake for highest debt/GDP of 406% and I wonder where
they get their cash.
The US is a disgrace. Half of what government
spends is totally wasted.
The US and other countries who overspend and
over-borrow need to freeze government hiring, pensions and salaries to get off
the 20 million headcount numbers we see to under 10 million. http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk
Data Sources; https://en.wikipedia.org/wiki/List_of_countries_by_external_debt and http://www.nationaldebtclocks.org/ and http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk
Norb Leahy, Dunwoody GA Tea Party Leader
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