What share of government world debt does each country owe? See it all broken down in this stunning visualization of outstanding debt.
— Read on www.visualcapitalist.com/69-trillion-of-world-debt-in-one-infographic/
Tag: Debt
Canadians ‘drowning in debt’ as 47% struggle to cover costs: MNP – BNN Bloomberg
Canadians ‘drowning in debt’ as 47% struggle to cover costs: MNP – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canadians-drowning-in-debt-as-47-struggle-to-cover-costs-mnp-1.1338497
U.S. annual budget deficit nears US$1 trillion with 26% increase – BNN Bloomberg
U.S. annual budget deficit nears US$1 trillion with 26% increase – BNN Bloomberg
— Read on www.bnnbloomberg.ca/u-s-annual-budget-deficit-nears-us-1-trillion-with-26-increase-1.1337701
Corbella: Pay more attention to Canada’s debt, says Generation Screwed | The London Free Press
Past generations voted to spend more and more money they didn’t have expanding entitlements and the size of government.
— Read on lfpress.com/opinion/columnists/corbella-generation-screwed-wants-us-to-pay-more-attention-to-canadas-debt-monster
These countries are drowning in debt
Almost every country in the world has sovereign debt – in fact, some of the world’s most powerful economies have a lot of it. Yet while it’s perfectly healthy to accrue debt to finance growth, some countries are bearing a serious burden. Using the World Economic Forum’s debt-to-GDP ratio for 2017 (the latest year for which figures are available), here are the countries with the highest debt-to-GDP ratios in the world. We haven’t included countries with economies smaller than $10 billion GDP.
— Read on www.msn.com/en-ca/money/topstories/these-countries-are-drowning-in-debt/ss-AAHNlPz
Budget deficit smashes $1 trillion mark, the highest in seven years
The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.
— Read on www.cnbc.com/2019/09/12/budget-deficit-smashes-1-trillion-mark-the-highest-in-seven-years.html
Mnuchin eyes 100-year debt Wall Street would just as soon forget – BNN Bloomberg
Mnuchin eyes 100-year debt Wall Street would just as soon forget – BNN Bloomberg
— Read on www.bnnbloomberg.ca/mnuchin-eyes-100-year-debt-wall-street-would-just-as-soon-forget-1.1308479
China’s debt levels amid its slowing economy
The world’s second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.
— Read on www.cnbc.com/2019/08/23/chinas-debt-levels-amid-its-slowing-economy.html
Companies without credit ratings flag warnings for global economy: S&P
Small companies without credit ratings are likely to be the first victims in an economic downturn, says S&P Global Market Intelligence.
— Read on www.cnbc.com/2019/07/31/companies-without-credit-ratings-flag-warnings-for-global-economy-sp.html
Infographic: The Countries That Own the Most U.S. Debt
More than $6 trillion of U.S. debt is owned by foreign governments such as China or Japan. See how it all breaks down, and what it means.
— Read on www.visualcapitalist.com/foreign-countries-holding-most-u-s-debt/