With the downturn, world financial crisis, economic meltdown, recession or just general monetary screw up, whatever you call it, we hear of USA and European nations in massive debt, plus we hear about world debt and Africa's national debt.....I want to know is there a country who is actually not in debt.
I know that Governments issue bonds which are technically debts, but they are also an investment insentive too, they help the economy. I know credit cards are debts too along with Morguages and finance plans for large purchases. I don't really mean these types of debt as a country couldn't/wouldn't run properly. I mean taking total income from all taxs, government duties %26amp; levys and revenue streams versus national investment and government expenditure.....is there a national who has green numbers at the bottom of their bank statement or is everyone in debt?
If everyone IS in debt in that sense, then is there at least 1 country who ISN'T in debt to another country at least?|||Canada. They're planning to take over the world...soon.|||10 years ago there were 5 (Saudi Arabia, Iran, Iraq, Pakinstan and Afghanistan) Since our 3 recent wars 3 have fallen in line with the world banking elite. Only 2 remain Iran and Pakistan which is why I believe we will soon war with them.|||this is planed so the Switch to the Euro can happen debt is the smoke and mirrors i am always talking about...|||China,they are the world's banker .
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