ITT: Only Countries that need to pay denbts

P

A

A

>92% of GDP

Ehh, could be worse. Is that only federal debt, though? A lot of the provinces here are heavily indebted.

Y

>our debt is 174% of our gdp
>France's is 222%
>UK's is 406%
>Luxembourg's is 3443%
PAY DEBTS

>>52996650

>Luxembourg

THEY CAN'T KEEP GETTING AWAY WITH IT

>when the debt of your country is 22795% of your gdp
JUST

http://www.nationaldebtclocks.org/debtclock/luxembourg

>luxekek

aup lads

>>52996650
>India
Designated debts

>>52996826
this

I don't get it...how are they not worse off then Greece?

>tfw almost 0% debt

>>52997141
Germany is cucking us desu

>>52997141
Luxembourg is literally jew: the state

>poortugal

Luxembourg debt is bigger than their land. What is up with that?

>>52997141
People still want to invest in us because we pay off our debts
I think

>>52996650
>>52996826
https://en.wikipedia.org/wiki/List_of_creditor_nations_by_net_international_investment_position_per_capita
These countries need to be excluded from the denbts list.

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>>52996650
>Canada
>1.337 in debt

>>52996650
>29th
Not so bad.

>>52997141
They can afford to service their debt and investors are confident they will repay it. That's why the U.S. can borrow so much despite already having a huge amount of debt, people believe the Government will repay them.

Person A has $100,000 a year. Person B earns $5000 a year.
Person A has $200,000 worth of debt. Person B has $0 debt.

You have $10,000 to invest - the chances are that you will choose to loan Person A the money because they have greater income (even if their debt is higher) and are more likely to be able to pay you back.

D E B T B O Y S
E
B
T
B
O
Y
S

Pay your negative interest, creditors!

JUST

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>>52997347
>China

>>52997141
https://en.wikipedia.org/wiki/Net_international_investment_position

This is the real pay debts list.

If your country is below Finland, pay debts.

>>52997347
>>52997375
Check my post.
Luxembourg is a banker state. They basically loan money from the one country and then have someone else loan it from them at higher interest, so both their denbts and credits are relatively high, it's not even just their income.

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>>52997632
those Chinese numbers though

>>52997630
>>52997701
Chinese are East Asian Jews, only they're the majority. They'd rather have good credit than spend money on the welfare of their people.

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>>52997768
Japs are bigger jews.

>>52997768
The government builds free houses for peasants there

>>52997875
No, they're hardworking people just like us and the Germans, baka goy
>>52997881
Which is not as expensive as providing them with good education.

>>52998068
>Which is not as expensive as providing them with good education.


All children go to school as far as I know, even in the butthole of Buthan, they just don't have forced secondary education.
They adopted simplified Chinese with the purpose of reaching 90+% literacy rate from like 20%.

>>52996650
>india
22795---

WTF?

>>52998224
You forgot the decimal point.

It's not about debt as a percentage of your GDP, that's a pretty irrelevant measure.

Important are

>tax revenue
>government expenditure

Basically, Greece's government has been in deficit for a long ass time. That's why everyone is worried that they won't pay denbts. Which they probably won't, the lazy fuckers.

>>52998155
I know, they used their Jew powers to go from a complete shithole to an okay country and steadily improving. Doesn't mean that they couldn't lend out a bit less money to invest even more in their infrastructure and people.

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>>52998291
>Arabier
Pay reparations to the egyptians faggot

>>52998224
is not a decimal point m8.

>>52998334
They have a pretty good infrastructure desu lad, on par with Japan in cities and above America when it comes to inter-province or big city to big city transit.

Really puts the horrible Paris metro to shame.

>indebtedtugal

>>52998068
>No, they're hardworking people just like us and the Germans, baka goy

Good waiito piggu gaijin goy

Ruining other countries industries to replace them with yours requires a big effort

>>52998391

For what?

>>52998628
>Ruining other countries industries to replace them with yours requires a big effort
For you

>>52998661
For oppressing them and turning their country into a shithole?

>>52997141
Debt doesn't matter so long as you service it. Greece doesn't service it, so they get fucked.

>>52998628
t. Che Guevara

https://www.youtube.com/watch?v=GxtwzU0-wPM

>>52997881
They aren't free. Housing affordability is a massive issue in China.

>>52998713

Excusez-moi? Egypt has been under foreign rule for millennia, quite rude to blame Arabs when literally every people under the sun ruled Egypt at one point.

>>52997768
Chinese wages and living standards rose as fast as the quickest developing African nations (Kenya, Uganda, and Rwanda).

They also literally give out handouts to poor people because they are "communist". Their welfare state is extremely developed, costing about half their budget.

So you're wrong.

>>52998815
In cities, not in farmer villages with 3 - 20 houses.

>>52996748
Shit chart, this includes provincial denbts federal is about ~33%

>>52998851
Going from agrarian poverty to industrial poverty isn't a huge upgrade.

>>52998820
>Egypt prospers for millenia
>Muslims Arabs invade it and bring Islam to the country
>nothing good ever comes out of Egypt again
Thanks, assholes

>>52998851
>>52998431
How can you guys not read this though
>>52998334
>Doesn't mean that they couldn't lend out a bit less money to invest even more in their infrastructure and people.
>even
>more
It says nowhere that they don't spend on these things, I'm just saying they could in fact spend more on it instead of lending out money.

>>52998914

Is that what you learn about China by watching CNN and Fox News ?

>>52998914
Actually it is.

India got independence 3 years earlier than China and is literally a shithole. China is significantly less of a shithole.

Places like Somalia, Iran, and Sudan have actually gone backwards the last decade so China is doing alright being the fastest improving (HDI) middle income country since 1990.

>>52999011
Are you denying this painfully obvious and objectively true fact? If you think the average Chinese person lives a decent life by first world standards, you are incredibly delusional.

>>52998989

I think this is simply not true, Egypt prospered under the Fatimids, which was after the Islamic conquest.

Europe, the fake continent.


https://www.youtube.com/watch?v=ejorQVy3m8E

>>52998999
Nice trips.

They spend A TON on education. Most Chinese you see in college are subsidized by their government.
All Chinese get 12 years of education (like the West).
They spend half their state budget on welfare. We spend 55%.

So maybe they can spend more, but for now they are already spending a lot. Their military finally got 2% of GDP this year, ours gets 3.8%.

>>52998999
My point is that their infrastructure is already on par with most modern countries and they are still building more subway exits and railways across the country so they don't need to spend more, and it's a good strategy for them to invest massively in foreign countries in case the U.S. tries to pull the same shit as last summer.

>>52999054
Missing the point entirely. Yes, they have some more money on average. That comes at the expense of health, environmental quality, and housing access/affordability.

>>52999091
We never said that and you never said that so go fuck yourself.

You're saying it did not improve significantly. Which is absolutely untrue. They have been the fastest improving (HDI) middle income nation over the last 25 years.

>>52999174
Literally what?

>>52999192
>That comes at the expense of health, environmental quality, and housing access/affordability.

Literally wrong when compared to India or any African country, and again the housing issues you bring up are only relevant in the 2 or 3 biggest cities of the main provinces.

>>52999244
Crashing their market with no survivors.

>>52999230
HDI doesn't mean shit nigger. It is an incredibly bad measure of actual quality of life. BLI is infinitely better but unfortunately doesn't cover the majority of countries.

>>52999192
You realize that every industrialized and post-industrial nation has gone through China's problems?

Trust me. The Chinese of 1990 were far worse off by every measure than the Chinese of today.
Just look at their lifespan. It went from 55 to 74 in 25 years.

Though their is some truth to what you say, it is untestable.

>>52999276
Nothing of the sort happened last summer you conspiritard douche.

>>52999276
China's market crash was 100% an internal issue. Chinese people took put high interest personal loans in order to buy stocks that they didn't understand.

CHINA NEXT WORLD POWER
Better learn mandarin asap lads

>>52999314
Actually it is generally accurate faggot.
The meme things like female participation in government is only 2% of the measurement.
Tell me how BLI is better.

How the fuck can you say Chinese are no better off now that they live to 74 on average instead of 55?

>>52999455
>autistic ironic roleplaying shitposting

>>52999451
Pretty much. It was like our dotcom bubble. I blame only their regulators.

>>52999451
The crash originated in a mass scare when all foreign assets, as minimal a share they represent, were pulled at the same time, from then on it was the domino effect.

Thank god for a strong state.

>>52999382
t. JPMorgan Chase

>>52999582
Hey, I was on your side but our government in no way controls the foreign investors.

The Chinese decided to open up their market to them. They pay the price when these investors shortsell an obvious bubble.

Free markets carry risks and the Chinese deserved what happened for having shitty regulators who allowed margin lending.

>>52999476
For quality of life, no it is not. It is generalized economic indicator and nothing more.

>>52999476
Nobody said China isn't better off you illiterate asshole. They said going from agricultural poverty to industrial poverty isn't as big of an upgrade as people seem to think.

Read the fucking posts you're whining about before shitposting.

>>52999582
The majority of foreign assets in China are not owned by the US. You're saying things that are observably and verifiably false and you're stupid enough to think you're not going to get called out for blatantly making things up.

>>52999776
>The Chinese decided to open up their market to them.

Very marginally because I guess they were conscious of the risks, if they did have a western style free market the public banks and companies wouldn't have been able to soak up the damage for a good two months and it would have been a big fat shit-bucket in our face.
Was laughing my ass off when all our medias were saying that China is collapsing and it will spread though, I'm sure they got some retards to buy those overpriced Paris silver coins.

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>>52996650
>>52996650
Our debts just mean we are strong enough to handle them! We will spread across the world with our anti-money! When we get to Mars with the loans you give us, good luck trying to collect when we're off the planet!

>>52999582
Wrong. Individual Chinese citizens defaulting on loans and selling stocks en masse caused it. Literally that simple.

>>53000037
Either way you're not wrong and we'll never have definitive proof that what I say is true so whatever.

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>>52999820
No it literally is a quality of life index.

>>52996650
Saved

>>52999888
Agreed. I exaggerated, but he said they did not improve substantially. I disagreed.

He brought up
>>52999091
where he talked about "first world living standards" that I never once said or implied before his post.

I responded with this
>>52999230


I believe he made the mistake of misquoting for exaggeration first, so I chose to do the same.

>>53001838
I don't know, Sichuan and Yunnan are pretty low on the HDI scale but the most liveable cities in China are Kunming and Chengdu.

>>52997141
Luxembourg has a small internal marked and therefore a large external debt.
However having a large external debt is not a problem. You should be looking at government debt and net debt.

t. internet economist pro