Originally Posted by tomthouse
Our national debt is out of control, our money has only to “good faith of the US” to back it.


That leads me to the question "are any nations/countries operating at a surplus?"

I would suspect perhaps China, but those figures can be suspect.

Iceland?

Interesting publication on "public debt by country"

Public Debt as % of GDP

Suprising that the countries with lowest ratio (debt to GDP) are places I don't really want to live:

Iran
Algeria
Botswana
Estonia

The worst debt ratios look like:

Italy
Belgium
Cyprus
Greece (no suprise here)
Grenada (dang, cause that's a cool place to visit)
Japan (oops)
Portugal



makes one wonder..... The 'developed' nations have the highest debt/GDP ratios... So our lifestyle has put us way in the hole... Let's go back to huts!

Last edited by waterbug_wpb; 10/25/16 10:21 AM.
Jay