Quote:
Originally Posted by lfc4life
thats very true, national debt in alot of OECD nations is spiralling out of control
The United States national debt currently stands at 36.8% of GDP; in comparison other OECD countries are doing rather poorly
Norway 39.1% of GDP
UK 43.3% of GDP
Austria 61% of GDP
Canada 64% of GDP
Germany 65.3% of GDP
France 66.6% of GDP
Belgium 86.1% of GDP
Italy 105.6% of GDP
Japan 182.4% of GDP 
at least some OECD countries have slightly lower national debt than Japan 
Australia 15.2% of GDP
Ireland 21.1% of GDP
South Korea 23.8% of GDP
Denmark 26.1% of GDP
Source: CIA world factbook https://www.cia.gov/library/publicat...orld-factbook/ |
Many of those figures make no sense... unless they are way out of date.... Norway has an oil fund worth something like $250 billion US....