List of countries by public debt ( DEBT / GDP ) en.wikipedia.org/wiki/Lisโ€ฆ
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๐Ÿ‘ค︎ u/jellowcakewalk
๐Ÿ“…︎ Jan 17 2018
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In the US, healthcare is operated by insurance companies, who make huge profits. Medical debt is one of the major contributors to poverty and bankruptcy. Every other major country in the world has public healthcare. Why have you personally not pushed your Congress to adopt public healthcare?
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๐Ÿ‘ค︎ u/pythagoras6
๐Ÿ“…︎ Dec 05 2020
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How exposed Malaysia is to China's debt diplomacy, public and hidden via Belt & Road Initiative? Malaysia tops the list of underperforming BRI right now.

$385bn of China's Belt and Road lending kept undisclosed: report

Beijing's loans to Pakistan cost 3.76% interest, while Western peers offer 1.1%

ADNAN AAMIR, Contributing writer

September 29, 2021 14:16 JSTUpdated on September 29, 2021 20:22 JST

https://preview.redd.it/oy687jyvaqq71.jpg?width=1400&format=pjpg&auto=webp&s=a3bcb8c7af3475a346491cabbbe4849dd7c8e82e

https://preview.redd.it/a3qymnyvaqq71.jpg?width=1240&format=pjpg&auto=webp&s=18d6b485d7a46bf8b0a2d24dcb52bc8cc64b5c6a

A staggering $385 billion of Chinese debt to other countries has been hidden from the World Bank and IMF thanks to the way the loans are structured, U.S.-based AidData said on Wednesday in its latest version of the Global Chinese Official Finance Dataset. The report also alleges that a major portion of Chinese development financing in Pakistan is composed of expensive loans.

The AidData report claims Beijing has made its overseas development finance nontransparent. It says that China systematically underreports its debt to the World Bank's Debtor Reporting System by lending money to private companies in lower middle income countries by using special purpose vehicles (SPVs), rather than to state institutions.

This makes it difficult for debtors and multilateral lenders to assess the costs and benefits of participating in the Belt and Road Initiative. It also heightens the possibility of debtors falling into debt traps with only one way to climb out: by selling geopolitically important assets to China.

The report further says that due to debt spending by China under the banner of the Belt and Road Initiative, 42 countries now have levels of public debt exposure to China in excess of 10% of GDP. For instance, the China Exim Bank-financed China-Laos railway project, valued at $5.9 billion -- equivalent to roughly one-third of Laos' GDP -- is funded exclusively with hidden debt.

Bradley C. Parks, executive director of AidData at the College of William and Mary, said the World Bank and the IMF are already aware of this problem. He told Nikkei Asia that this new report has quantified the scale of the problem.

"We estimate that an average government is underreporting its actual and potential repayment obligations to China by an amount that is equivalent to 5.8% of its GDP, based on individual underreporting estimates for 165 countries," said Parks, who is also one of the co-authors of the report.

The report also makes some interesting revelat

... keep reading on reddit โžก

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๐Ÿ‘ค︎ u/stormy001
๐Ÿ“…︎ Oct 01 2021
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IMF Cuts U.S. Growth Forecast, Warns Of Crisis: "If you make a list of the countries in the world that have the biggest homework in restoring their public finances to a reasonable situation in terms of debt levels, you find four countries: Greece, Ireland, Japan and the United States" reuters.com/article/2011/โ€ฆ
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๐Ÿ‘ค︎ u/trot-trot
๐Ÿ“…︎ Jun 17 2011
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Map of European countries by the size of their net public debt [1227x1107]
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๐Ÿ‘ค︎ u/Dylas
๐Ÿ“…︎ Apr 01 2013
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List of countries by future gross government debt en.wikipedia.org/wiki/Lisโ€ฆ
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๐Ÿ‘ค︎ u/utcursch
๐Ÿ“…︎ Mar 07 2012
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The global public debt is expected to skyrocket by $10.7 trillion and reach $62.7 trillion by the end of 2016. The recession, which has been ongoing since the 2008 global financial crisis continues to be a problem in many countries dailysabah.com/economy/20โ€ฆ
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๐Ÿ‘ค︎ u/Wagamaga
๐Ÿ“…︎ Oct 22 2016
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Chart showing public debt as percent of GDP by Country โ€“ 1992-2011 gfmag.com/tools/global-daโ€ฆ
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๐Ÿ‘ค︎ u/Sidewinder77
๐Ÿ“…︎ May 23 2011
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Bayer's public relations headaches over its mammoth takeover of Monsanto intensified Tuesday, as a scandal about "watch lists" of pro- or anti-pesticides figures kept by the US group. Lists were kept on seven EU countries france24.com/en/20190521-โ€ฆ
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๐Ÿ‘ค︎ u/DoremusJessup
๐Ÿ“…︎ May 21 2019
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George Soros Funds 'Solidarity Centres' To Help Greeks Hit By Economic Crisis: "Financier to open health and legal help centres across Greece in absence of public welfare as country struggles with debt" theguardian.com/world/201โ€ฆ
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๐Ÿ‘ค︎ u/trot-trot
๐Ÿ“…︎ Jan 21 2014
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Countries ranked by public debt as a ratio of GDP cia.gov/cia/publications/โ€ฆ
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๐Ÿ‘ค︎ u/traal
๐Ÿ“…︎ Sep 11 2006
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New to the subreddit - I have some questions about "what ifs" in regards to living in another country and having a large sum of private and public student debt

hello!

I currently live in France and I'll soon be signing a work contract that is "indeterminรฉ" meaning there is no definitive end. I moved here to do my masters because I found a program that was $350.00 a year (yes that is the normal price for higher education here). I did have to learn a certain level of French, and I am still not fluent after 3 years, but getting MUCH better.

It's been an uphill battle and definitely not easy to be here, but now that I've graduated with my masters, rent my own apartment in Paris, and about to renew my visa, I am finally feeling like life is stable.. But, now the forebarance on my student loans is coming to an end. And for my undergraduate + study abroad (4 months = 25k, what was I thinking?!), my debts total over 68k.

I reached out to a financial adviser in the US and looked online for some repayment solutions. But in France, the salaries aren't very high -- the taxes are a lot and you get a lot of social benefits (health care, retirement, unemployment if necessary) so it evens out.

So that means if I were to pay what they were asking for my American student loans.. well I wouldn't be able to eat, feed my cat, or pay to wash my clothes at the laundrymat.

So I'm thinking.. maybe the best option is to kind of not super-duper pay my students loans back..I am researching online and if I don't plan of moving and living permanently in the US, then there's nothing they can really do, right?

I think I'll consolidate the 9 loans into one and then consistently pay an amount I can afford so that I never actually default (like 25euros a month) for 10 years and then save my money and try to settle the debt. Is that a thing, settling debt?

I'll keep researching, but I am not going to throw my money away so I can barely save in the country I've already starting investing my future in. If I work to become a french citizen then I'll have my social benefits for retirement, so it won't matter that my social security is taken. Also I can still visit the US any time, right?

Any other advice?Any major risks I am missing?.. any one that made this decision and then regretted it?...

EDIT : follow up question, does anyone know how this could impact co-signers?

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๐Ÿ‘ค︎ u/Hello_Atlas-V
๐Ÿ“…︎ Nov 20 2020
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If most public debt is held within the government and by citizens of that country doesn't interest on it benefit the country (if indirectly)?
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๐Ÿ‘ค︎ u/idvckalt
๐Ÿ“…︎ Apr 14 2014
๐Ÿšจ︎ report
H.R. 4836: To require the United States to oppose the provision by the International Monetary Fund of a loan to a country whose public debt is not likely to be sustainable in the medium term, and for other purposes.

Introduced: Sponsor: Rep. Bill Huizenga [R-MI2]

This bill was referred to the House Committee on Financial Services which will consider it before sending it to the House floor for consideration.

Rep. Bill Huizenga [R-MI2] is a member of the committee.

Govtrack.us Summary

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๐Ÿ‘ค︎ u/congressbot
๐Ÿ“…︎ Mar 23 2016
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Hereโ€™s a ranking of countries by perceived risk, taking into account things like current account balances, public and private debt, and CDS spreads. ftalphaville.ft.com/blog/โ€ฆ
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๐Ÿ‘ค︎ u/pets_or_meat
๐Ÿ“…︎ Feb 12 2010
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Why does Piketty say that โ€œit was essentially inflation that allowed the wealthy countries to get rid of the public debt they owed at the end of World War II?โ€ What brings him to this conclusion?

Hi all,

Iโ€™m a layman studying economics, here, and Iโ€™m currently reading Pikettyโ€™s Capital (which is where I pulled the quote from; c. pg. 131). Considering I donโ€™t know too much about economics, Iโ€™m wondering how it was that inflation paid off WWII era debts โ€” or if heโ€™s exaggerating slightly, or what.

Any help breaking down his comment would be helpful!

Thanks!

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๐Ÿ‘ค︎ u/AManOfManyWords
๐Ÿ“…︎ Sep 04 2020
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โ€ชThe size of Greece's debtโ€ฌโ€ -- The Greek public debt is forecast to hit more than $500bn. Meanwhile, plans for a second bailout for the country are being discussed by senior EU ministers. Al Jazeera's Gerald Tan takes a look at the actual size of Greece's debt youtube.com/watch?v=0-PdWโ€ฆ
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๐Ÿ‘ค︎ u/Kranky_Old_Dude
๐Ÿ“…︎ Jul 18 2011
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List of countries by current account balance (see who's got the most debt and the most surplus: Northern Europe, Scandinavia, and Asia are looking very tempting) en.wikipedia.org/wiki/Lisโ€ฆ
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๐Ÿ‘ค︎ u/ohstrangeone
๐Ÿ“…︎ Sep 18 2009
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Scott Morrison from 2009: is sick and resting up. Diagnosis Rudd Flu - brought on by copious amounts of public debt. Pandemic warning in place. twitter.com/ScottMorrisonโ€ฆ
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๐Ÿ‘ค︎ u/craykraig
๐Ÿ“…︎ May 12 2021
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What's the richest country on Earth? The USA. Which country hs the biggest 'national debt'? The USA. 'National debt' is just another way of describing 'public savings'. This is 10 years old but still accurate. theguardian.com/commentisโ€ฆ
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๐Ÿ‘ค︎ u/NoKidsItsCruel
๐Ÿ“…︎ Dec 25 2020
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NJ is saddled with one of the greatest debt burdens in the country, and is looking to borrow even more. The state has begun to issue $825 million worth of bonds to fund voter-approved projects, like public library improvements, technical education programs and school security upgrades northjersey.com/story/newโ€ฆ
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๐Ÿ‘ค︎ u/rollotomasi07071
๐Ÿ“…︎ Feb 04 2020
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List of state wise targets of Public Debt/GDP ratio till 2014-15 as mandated by FRBM (Financial Responsibility and Budget Mgmt Act). mla.prsindia.org/sites/deโ€ฆ
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๐Ÿ‘ค︎ u/panditji_reloaded
๐Ÿ“…︎ Jan 21 2014
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The UK has seen "the most rapid rise in the ratio of public debt to GDP of any AAA-rated country" and is courting fate with its leisurely plan to halve the deficit by the middle of the decade. telegraph.co.uk/finance/fโ€ฆ
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๐Ÿ‘ค︎ u/Aethelstan
๐Ÿ“…︎ Mar 10 2010
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Guizhou Leverages Stake in Chinaโ€™s National Liquor to Ease Debt Crisis: China Tries a Shot of Liquor to Cure Ailing Province; Kweichow Moutai, one of the countryโ€™s most valuable listed companies, will transfer a stake to a company controlled by Guizhou Province government caixinglobal.com/2019-12-โ€ฆ
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๐Ÿ‘ค︎ u/SE_to_NW
๐Ÿ“…︎ Dec 27 2019
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Joe Biden on Twitter: We owe a debt of gratitude to the first responders, health care providers, grocery and retail workers, transportation workers, public safety officials, and everyone working around the clock to keep our country running. Thank you, thank you, thank you for all youโ€™re doing. twitter.com/JoeBiden/statโ€ฆ
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๐Ÿ‘ค︎ u/progress18
๐Ÿ“…︎ Mar 22 2020
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List of National Debt by Country economicshelp.org/blog/ecโ€ฆ
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๐Ÿ‘ค︎ u/dulieu
๐Ÿ“…︎ Jul 09 2010
๐Ÿšจ︎ report
@Reuters: ICYMI: Swedish electric-car maker Polestar said it will go public by merging with a blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at a valuation of $20 billion including debt https://t.co/9uwdNXSnxs https://t.co/GlmdiuAG0d mobile.twitter.com/Reuterโ€ฆ
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๐Ÿ‘ค︎ u/-en-
๐Ÿ“…︎ Oct 02 2021
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World Mobile Token is looking to expand its list of approved countries in the upcoming Public Sale.

Important! โ€ผ๏ธ

World Mobile Token is looking to expand its list of approved countries in the upcoming Public Sale.

To do this, we need your help.

https://forms.gle/sNJJ6UefUbEVfj8a9

If you are from a country outside of our approved list, please fill out this country application form by answering two short questions for us.

Note: If your country is already approved (EU, UK, Singapore, Switzerland, Australia, UAE, and Norway), you are encouraged to complete the form anyway.

๐Ÿ‡ฌ๐Ÿ‡ง ๐Ÿ‡ซ๐Ÿ‡ท ๐Ÿ‡ช๐Ÿ‡ธ ๐Ÿ‡ฎ๐Ÿ‡น ๐Ÿ‡ฆ๐Ÿ‡บ ๐Ÿ‡ธ๐Ÿ‡ช ๐Ÿ‡ณ๐Ÿ‡ด ๐Ÿ‡ธ๐Ÿ‡ฌ ๐Ÿ‡ฆ๐Ÿ‡ช

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๐Ÿ‘ค︎ u/WMTmod
๐Ÿ“…︎ May 09 2021
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13% of developed-country public companies are 'zombies' that don't make enough to cover interest payments on their debts. edition.cnn.com/2019/03/3โ€ฆ
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๐Ÿ‘ค︎ u/lughnasadh
๐Ÿ“…︎ Apr 06 2019
๐Ÿšจ︎ report
Carlo Ancelotti has been added to the list of defaulters published by the Spanish tax agency as he has debts of around โ‚ฌ1.4M cope.es/deportes/futbol/nโ€ฆ
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๐Ÿ‘ค︎ u/alfiesyrett
๐Ÿ“…︎ Jun 28 2021
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Only 4 other countries invest more public money per person on Healthcare than Ireland. And yet we enjoy the longest waiting lists in the EU, are bottom of the European table when it comes to โ€˜value for moneyโ€™ and rank 22nd out of 35 countries overall. (European Health Consumer Index 2018)
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๐Ÿ‘ค︎ u/Joy-Moderator
๐Ÿ“…︎ Dec 02 2020
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Who owes what : A list of countries by external debt [with map] en.wikipedia.org/wiki/Lisโ€ฆ
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๐Ÿ‘ค︎ u/allnewecho
๐Ÿ“…︎ Jun 29 2007
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Has there ever been a country who passes laws and regulations by having the public specifically vote? (Like instead of an elected official voting on their behalf)

Iโ€™ve always found it frustrating that most democratic governments work by electing officials who represent portions of the population as they often vote for laws and make decisions based on which party they align with instead of what their constituents actually would prefer.

Has there ever been a society that actually put everything that passes through the government to a vote? Like maybe they still elect people to take care of the administrative stuff but they could also reach out to their constituents and get votes for each thing?

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๐Ÿ‘ค︎ u/bigdickkief
๐Ÿ“…︎ Dec 01 2021
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