Top 10 Countries 2020 -- Debt Countries
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Top 10 Most Indebted Countries in The World in 2020 !!
In this video, we will examine which are The ten most indebted countries in the world, according to 2019 data. There are three types of debts a country has.
Public debt, household debt, and external debt.
Gross government debt is the most relevant data for discussions of government default and debt ceilings. It is different from external debt, which includes the foreign currency liabilities of non-government entities.
The public debt relative information provided by national sources (CIA) is not always objective and true, given the fact that there is no independent research in these matters.
Over the last five years, markets have swept concerns about debt under the rug.
We find that Japan and Greece are the most indebted countries in the world, with debt-to-GDP ratios of 238% and 191%, respectively. Meanwhile, the United States sits in the number 8 spot with a 106% ratio.
And recent Treasury estimates putting the national debt at $23 trillion.
Welcome to The Atlantis Report.
Public debt is all the money owed by the government to creditors. In these terms, there are some countries that are headed along a perilous path.
Have you ever wondered why governments, even those of the wealthiest countries, have to borrow money to pay for health care, education, infrastructure, etc. etc.?
The answer is almost trivial. Tax revenues are sometimes lower than expected, while expenses are higher.
It is easier to make debts than to raise taxes.#top10 #top20 #top10economies #debt
Top 10 Countries 2020 (Highest Debt)
Top Countries by Debt :Debt is an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
#top10 #top20 #top10economies
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