Debt thread

What's national debt like in your country? It was a huge boogeyman to me as a child before I understood the concept of credit. Is it a huge political concern? Is it talked about often? (Apologies in advance to greeks).

usgovernmentdebt.us/ The Burger Budget is currently sitting at 19 trillion dollars of debt.

Other urls found in this thread:

en.wikipedia.org/wiki/List_of_countries_by_external_debt
bloomberg.com/news/articles/2016-06-01/japan-s-debt-burden-is-quietly-falling-by-the-most-in-the-world
theforbiddenknowledge.com/hardtruth/running_america.htm
usdebtclock.org/
twitter.com/AnonBabble

>19 trillion dollars of debt.

47.2 billion €

It's manageable, I guess. Our credit rating is decent.

Yeah, it's pretty grim.

>47.2 billion €
*$

What did Zimbabwe mean by this ?

wtf russia what's wrong

...

pay denbts

Russia henceforth should be titled the Denbtless, aka Russia the Denbtless.

Is not that bad

what debt

How will you even pay back the 150 billion you owe, comrade hero of the soviet union?

how out of date is this map, google says uk is between 80-90% of gdp

Yay we reduced

How will you even pay back 19 trillion? Aah when ww3 will begin :^)

Fun fact.

Our intelligence saved 6 burger spies held prisoner by the Iraqi army in the 1990s

For that Bush (the older one) cancelled half of our debt with the USA.

Operation was led by a general which previously spied on USA and western countries for Poland.

>implying the 19 whoop dee doo trillion means anything when there is OVER ONE AND A HALF QUADRILLION DOLLARS IN DERIVATIVE DEBT

At least we're fed and have some freedoms for a while until the derivatives bubble bursts. Or wwiii or whatever else

Just pls don't nuke us.

>At least we're fed and have some freedoms
meh what do you want to say

>paytaly

Very old, the USA is over 100%

>France
>67 %
What year is this, 2011? France is at 222 % as of 2016.

Sorry I was just trying to make myself feel a little better. I'm sure you have all the vodka and borscht every strong handsom russian man needs.

>USA
>freedoms
Nice meme since 9/11/2001.

i thought brazil payed its debt 10 years ago or something?

Economics dullard here. What does this mean? Are we going to see a total collapse/default on debt worldwide?

>posting a 2009 chart
This is a more up-to-date list:

en.wikipedia.org/wiki/List_of_countries_by_external_debt

OP here, sorry for the outdated graph. I really just wanted a thumbnail, so I googled "world debt" or something along those lines and just pulled an image.

>borrow insane amounts of money under the promise of payment through investments on its national industry
>invests 80% of it in nuclear weapons and military technology instead
>unable to pay the bill because China keeps flipping them over
>nobody will ever threaten the USA into payment because we wuz nuke

Outdated map. Brazil has one of the lowest debts. Temer is probably going to approve a 20-years plan to completely wipe our national debt though. We'll be 100% clean.

Pretty much. Long story short is your national industry will go to shambles, leading to recession, your real estate bubble will burst and your unemployment rates will skyrocket. Protip: China is pulling the strings so there isn't much you can do about it besides bending over and taking a deep breath.

>tfw no freedom to shart in mart

Should be illegal by public indecency laws.

This isn'y india. Just some people are retarded. I'm sure there have been more hilarious and indecent things done in china and in other places.

Isn't

>Temer is probably going to approve a 20-years plan to completely wipe our national debt though. We'll be 100% clean.
>Temer the zionist puppet
>Going to wipe out our debt
You mean he is going to increase it until we are slaves to the IMF again.

So is the United States just the greatest meme example of economic cycles, where it takes a great depression every time we fuck ourselves over to get everything moving again?

Still more than other western countries, 2bh.

Delusional. You're all slaves and guinea pigs to all sorts of experiments. You're anything but free.

As said before, yes, but so are other western countries, and I wouldn't doubt that we are among the least unfree among them.

>implying
I live in the countryside. Last time I saw a police officer was three months ago. I could go years without even coming into contact with a government employee. I pay my bills and get to do literally WHATEVER I want here. You can't compare inner city U.S life with the rest of us.

omg why is national debt a thing? who do they pay it? wtf, nigga just print more money and pay it the governmen got those machines

So am I. High five for the comfyside. Still, neither of us represent the average population, specially considering the most populous states. They worry about things we don't, but unfortunately in my case my career forces me to leave the comfort of the comfyside at least twice a month, venturing in the big cities, uncluding yearly travels to those paranoia-inducing shitholes in the US like NYC and LA, but apparently any sizable city your country can be a target to "cells". Now when it comes to the United States [...]

[...] being clinically paranoid about terrorist attacks, can't take a flight without triggering PTSD, can't go to school without the fear of you and/or your friends getting shot, government conspiracy theories such as mind control/social experiments/white genocide while being a slave to some pseudo-nation somewhere in the Levant. The same can be said about Europe, and then you have "3rd world" countries and regions in Eastern Europe, South America and Southeast Asia that are doing absolutely fine and living comfortably in the midst of irrelevance.

Now, if you still believe you're a free individual, go ahead and take a another antidepressant to alleviate your stress-driven misery.

looking for america coming through your schools

>being clinically paranoid about terrorist attacks, can't take a flight without triggering PTSD, can't go to school without the fear of you and/or your friends getting shot, government conspiracy theories such as mind control/social experiments/white genocide while being a slave to some pseudo-nation somewhere in the Levant.

All memes, 2bh, and while there is some merit to the social experiment one, as I have said before we are the most free within the western world.

Doesn't Norway have a many trillion dollar fund? How are they in debt?

Sup cia/jidf


All it takes is some research into how microeaves/emf/scalar waves effect the human mind, inducing beta/alpha brainwaves.

The jews do control everything as well.pic related, it's not a comspiracy.

There is plently of fear getting abot and mugged and whatnot when you live in areas infested with minorities. Crime statistics back that up.homogenous cultures and areas always do better(except if you're black, they seem to get more violent when they have a higher percentage of the demographics in areas like detroit, mexicans as well[why can't natives besides inuits control themselves? Although I realise these cultures have been savage to the point of mutilating, beheading, and waging infinite endemic warfare on their own kind forever])

Microwaves, conspiracy, shot*

Sorry for the typos.

>tfw Zimbabwe gets golden medal in debt Olympics and not us

UK should be at 90%

How old is this map?

>Luxembourg
>External debt: 3,472,282,000,000

what did they mean by this?

>90%
en.wikipedia.org/wiki/List_of_countries_by_external_debt

Keep borrowing guys. If you aren't owned by a bank, you're a dirty Russian/Chinese commie.

In debt to whom? God?

doge

bloomberg.com/news/articles/2016-06-01/japan-s-debt-burden-is-quietly-falling-by-the-most-in-the-world

The japanese debt is a little bit more complicated than people think. The central bank is now monetizing it and will probably technically never pay. Pretty nice.

that's why russian people are poor as mangy dogs. putin don't wanna borrow money and then pay debts cuz he don't care about russia. all he wants to do is steal all russian money and put them into his pocket.

Bumping so people can see the truth.

Fdr is the one that started all this bullshit with us being in debt, althought it looks like it was planned along BECAUSE WE GAVE UP THE US FUCKING TREASURY TO ROTHSCHILDS AND GOLDMANJEW IN 1921

theforbiddenknowledge.com/hardtruth/running_america.htm

>what is ensuring future generations are not trapped in some jewish banking cabal shithole debts

Putin is more based than I thought. He actually wants to improve his economy instead of playing into the debt-inflation-bailout faggotry the rest of the world does.

He might actually want to generate new wealth instead of borrowing with just a hope and a prayer

>dat russia

How old is this map?

Bump

That will have skyrocketed in Sweden because holy fucking shit our property prices right now.

This is some medieval tier thinking right here,

Taking a loan can be a good thing if the loan is invested in something that yields more than the interest.

For example, fixing some of Russia's many problems.

this can't be real

This is some fucked up altenative utopian future thinking you got there

>playing into the jewish banking schemes

You have to be able to understand that our current economy is just one type of economy, and a very inefficient and wasteful type to begin with. We could be doing to much better but it is engrained into your heads that you think the world could not exist without massive debt and jewish banking.

And Spain?

Holy shit, Belgium

really makes you think

It's apparently this weird thing where the state has almost all its dept with the Belgian people.
That's what an economist told me at least

Through bonds? Looks extreme.

Back to Sup Forums

Man have contracted debts since the beginning of trade and modern technologies have made it more sure and secured.
It is a useful economic tool.
For example: an hospital costs 10 millions USD and the city can save 1 million a year. Instead of waiting 10 years to raise the money and pay it all, you borrow it and pay back 11 years.
In the end you did pay more, but the extra million means you got your hospital built the first year and got to use it for 10 years instead of waiting. The utility derived is definitely greater.

>there's nothing wrong with Greece levels of debt

This is only external debt.
It means pretty much nothing as you have to see what are the loans emmited by each country and substract them from the debt they own.

It's like looking at importations only, it tells you very little if you don't look at exportation. That's why economists look at balance of payment.

The problem with this chart is that it is in US dollars, not domestic currencies.

Not how it works user.

That story is heavily inaccurate.

usdebtclock.org/

Back to /learn economics/

That example is null becuase a city takes money from the central government.

If a goverment has 50 million dollars and would like to have 20 hospitals, it shouldn't be borrowing money from banks or anyone else. Before electronic trading and modern economics, the only thing you could do was plunder other nations and mine precious metals to pay your workers and finance construction projects. There is absolutely nothing wrong with this model, as it simulates real competition of between nations and drives technological progress and growth, and limita financial corruption by always having a kind of uncertain environment. Eventually we will lose our current intricacies and revert back to the model I described, since our current course is unsustainable. The only thing that keeps people playing into our current global ponzi scheme is their ignorance, nothing else.

Also very nice projecting, you sound so stupid saying everyone who knows what is going on and who specifically is behind our financial disasters is from Sup Forums or some other stupid website instead of maybe being accepting to the fact that people can form their own opinions on their own by looking at evidence across a wide variety of sources.

I would like you to do the same and maybe we will be on the same page.