>social market economy
JUST
debt isn't the sole economic indicator
>>1843876
Debt means fuck all if you can't force them to pay said debt
>>1843923
^There are more useful factors, such as:
GDP
Unemployment
GINI
HDI
Inflation
I study economics.
>>1843876
>being that little green patch in the middle of Europe with a AAA rating and stable outlook
I don't see any correlation between more "social market economy" and more debt in that map.
On the other hand, it's natural that first world country that get lower interest rate, have less instability, and sell bonds in their own currency are more indebted.
>>1843876
The same divide appears on maps of lots of metrics, let's give some more context here
>>1843969
>>1843876
For example, it may be people in developed societies borrow more because they are not worried about physical retribution
>>1843976
>>1843876
Or because they borrow legally instead of illegaly
>>1843969
>first world countries are getting indebted just to pay for the respiratory infections of people on social security
>>1843981
>>1843876
Or because they have to pay people
>>1843981
>>1843985
>>1843876
>>1843994
>>1843876
Or maybe allocating resources across time, like allocating resources across space, is a necessary part of a complex economy
>>1843876
How does Switzerland keep getting away with it?!
They really are mountain Jews
>>1844000
>>1843876
Or maybe the governments cover up their borrowing
>>1843985
Why is Switzerland in tier 2 for human trafficking?
>>1844018
They didn't take enough debt to stop it.
>>1844011
>>1843876
Or maybe they don't borrow because they have enough to worry about already
>>1844025
Or they do borrow because they know how to
>>1843994
The world has decided, children are a means of production.
>>1844033
>>1844035
Can afford to
>>1844039
Or the people want them to
>>1844035
The world has decided, books are unnecessary.
>>1844047
Maybe they have legitimate ideas they need funds to support [China and Russia are likely padded out with junk patents here]
>>1844047
>Angola 1
kek
>>1843936
For example You can practically force a country on it's knees to pay back 30% and enforce massive austerity but never touch one that is 90+
>>1844062
Yes, Poortugal is a shit country, all yuropeans knows.
>>1843990
fugg, got out of that situation with flying colors, my dick size has answered above and beyond the call of duty
Ignoring all the autismo maps, going into debt to finance investment is an extremely common practice for governments spending on infrastructure, businesses expanding their services and citizens buying property.
The inability to borrow signals shit finances. Most of the 1st world red countries still have top tier credit ratings.
>>1844191
not if your government is incredibly corrupt or your voters are stupid and keep electing socialists for gibmedats
>>1844215
Not what?
>>1844039
> Singapore
> no data
>>1843939
>unemployment
More like underemployment
>>1844425
>victorian
They pushed the boundaries but the modern conception of childhood started in the Dutch golden age.
>>1844058
>The city of angola
>>1844191
>The inability to borrow signals shit finances
Wait so China/Vietnam/Thailand/Japan have great finances?
>>1844171
Thank you for your service. Where was your dick stationed American Hero!
>>1844443
>Wait so China/Vietnam/Thailand/Japan have great finances?
Great logic there mang.
>>1844215
I always wonder why people bitch about "gibmedats". Seems super silly.
>>1843876
>-10%
So what would happen if China just one day asked for 16 trillion dollars, we owe them it
>>1845081
World economy collapse.
>>1843939
>Unemployment
Study better kiddo
when it comes to the US, our debt is actually a sign of something good, and is hilarious.
>>1845081
Nothing. What are they going to do? Try to enforce it?
>>1845132
Then American credit rating goes to shitter
>>1845081
When you take out a line of credit with the bank, is it within its authority to just call you up two weeks later and say "yo uh, you mind paying us back? Like now. We at the door."
>>1845081
>I have no understanding of geopolitics or economics whatsoever: the reply
What would happen one day if we just asked China for their debts to us back?
>>1845132
What's the US going to do? Announce to the whole world that it isn't a trustworthy borrower?
>>1843939
>HDI
>GINI
Memes aside
>>1844047
>Australia getting a high rating
Literally forcing people to vote doesn't count desu