Saturday, December 17, 2011

How is it that so many countries are so deep in debt, and yet no one is in the black?

We always hear that so many countries have huge National debts equalling growing %s of their GDP, and yet for them to all owe, shouldn't there be some other country with a positive balance? Countries lend millions of dollars to each other for flood/famine relief, etc. Is this included in National debt figures, or written off as a loss...

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