simply no
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
i think its Greece when compared to their GDP
National debt per capita is the total national debt of a country divided by its population, reflecting the average amount of debt owed by each citizen. This metric provides insight into the financial burden of national debt on individuals and can be used to assess a country's fiscal health. A higher per capita debt may indicate more significant financial challenges or obligations. However, it is essential to consider it alongside other economic indicators for a comprehensive understanding.
Public debt refers to the total amount of money owed by a government to its creditors, which can include individuals, institutions, and other countries. National debt, on the other hand, encompasses all forms of debt incurred by a country, including public debt as well as private debt. Both public debt and national debt can impact a country's economy in various ways. High levels of debt can lead to increased interest payments, which can strain government finances and limit the ability to invest in other areas such as infrastructure and social programs. Additionally, high debt levels can also lead to higher taxes or inflation, which can negatively affect economic growth. Overall, managing public and national debt levels is crucial for maintaining a stable economy and ensuring long-term financial sustainability.
The national debt of this country is ridiculous.
No. It can be made smaller with some prudent trimming, but to get rid of it completely is not possible. The country began in debt from the revolution.
INDIA
Leaving the country in the black means that there was no national debt, but a surplus.
It would make a considerable amount of profit to get rid of some of the national debt.
In 1996, Japan had the world's largest national debt.
Switzerland and the Vatican
simply no
Most likely the United States with our multi-trillion dollar national debt.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
how can we get rid of third world debt