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Inmate Central: RE: I don't get it either. by b.l.zeebub Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: I don't get it either. posted by ghost of olddude55 on November 30, 2021 at 11:18:51:
To be fair the USA does not look good by either measure.
The US national debt is $22 trillion, the Net International Investment Position (what others owe the USA minus what the USA owes to others) is $-14trillion.
In contrast Germany's national debt is $573 billion but their NIIP is $+3.05trillion while Japan's national debt is $476 billion and their NIIP is $+3.3 trillion. So both countries are effectively sitting on a huge stack of 'spare' money.
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Topic - Handy resource: US Economy in 12 charts, updated daily - jdaniel@jps.net 07:15:01 11/30/21 ( 22)
- RE: Handy resource: US Economy in 12 charts, updated daily - pictureguy 11:43:41 11/30/21 ( 4)
- Haha, I recall it was 120% of GDP after WWII and we entered the fabulous 50s. : ) nt - jdaniel@jps.net 17:52:00 11/30/21 ( 3)
- RE: Haha, I recall it was 120% of GDP after WWII and we entered the fabulous 50s. : ) nt - tweaker456 04:27:15 12/1/21 ( 0)
- Net International Investment Position - b.l.zeebub 04:26:39 12/1/21 ( 0)
- RE: Haha, I recall it was 120% of GDP after WWII and we entered the fabulous 50s. : ) nt - pictureguy 20:52:04 11/30/21 ( 0)
Why the obsession with national debt? - b.l.zeebub 11:02:01 11/30/21 ( 12)
- RE: Why the obsession with national debt? - Goober58 21:35:12 12/1/21 ( 1)
- RE: Why the obsession with national debt? - RV817 22:32:43 12/1/21 ( 0)
The total debt burden matters more than who it is owed to - Dave_K 14:54:01 12/1/21 ( 0)
I don't get it either. - ghost of olddude55 11:18:51 11/30/21 ( 8)
- RE: I don't get it either. - b.l.zeebub 11/30/21 14:33:43 11/30/21 ( 7)
- That's not really 'spare' money - Dave_K 17:15:11 12/1/21 ( 0)
- But again... - ghost of olddude55 04:05:51 12/1/21 ( 5)
- RE: But again... - b.l.zeebub 04:34:20 12/1/21 ( 4)
- Nobody would be unscathed. - ghost of olddude55 04:55:25 12/1/21 ( 3)
- RE: Nobody would be unscathed. - b.l.zeebub 11:20:29 12/1/21 ( 2)
- If it were only Germany and the US... - ghost of olddude55 14:04:11 12/1/21 ( 1)
- RE: If it were only Germany and the US... - b.l.zeebub 04:35:58 12/2/21 ( 0)
One thing has become apparent: laissez-faire is deader'n a doornail. - tinear 07:41:59 11/30/21 ( 3)
- what? - Jim Pearce 08:07:41 11/30/21 ( 2)
- One does not preclude the other. Coordinated oil moves by governments came first - tinear 08:25:06 11/30/21 ( 0)
- Oil prices don't operate by laissez-faire. - ghost of olddude55 08:23:10 11/30/21 ( 0)