debt






 

Question by  apey (32)

What is the national debt of some developed countries?

How does US compare?

 
+7

Answer by  Canpoul (29)

The US is over 14 Trillion, Canada is $562 Billion, England is $1.6 Trillion. The US has about $46,000 per person which means it can never be paid off as the interest on this debt alone will not allow the money to be repaid. Manufacturing must be brought back to this country.

 
+7

Answer by  Erynn (1651)

In 2007, of 186 countries polled, the USA had the greatest amount of debt (-731,200m), followed by Spain (-145,300m) and the UK (-119,200m) (in places 186, 185 and 184 respectively). Norway was #7 (+64,070m), the Neatherlands #9 (+47,310m), Australia #37 (+12,030m), Denmark #39 (+4,279m) - Ethiopia was #128 (-826m).

 
+5

Answer by  Wes28 (5)

Japan 836Trillion Yen (Over $10,000,000,000) The US about $14,000,000,000 While the US economy is bigger, the US is extremely reliant on foreign bond buyers making it very vulnerable.

 
+5

Answer by  Amy21 (460)

The national debt of some of the developed countries varies. It can range form extreme to very minamul. Some of the European coutries are better of then the other ones

 
+4

Answer by  Brit7any (115)

This US is in serious debt. Other countries that are as advanced as us such as China and Japan are in far less debt.

 
+4

Answer by  tamarawilhite (17883)

The national debt of Japan is almost twice it's GDP. The national debt of many European countries, such as Italy and Iceland, exceeds their GDP.

 
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