10 Countries With The Highest National Debt

[Nie Trink Wasser]

http://www.aneki.com/debt.html


1 Brazil $232,004,000,000
2 Russia $183,601,000,000
3 Mexico $159,959,000,000
4 China $154,599,000,000
5 Indonesia $150,875,000,000
6 Argenina $144,050,000,000
7 South Korea $139,097,000,000
8 Turkey $102,074,000,000
9 India $98,232,000,000
10 Thailand $86,172,000,000

[Skeptical Greg]

Some ' per capita ' figures might make it more interesting...

[Michael Redman]

The US debt dwarfs all those. In fact, it's going to grow more than Brazil's entire debt, just this year. That list must refer to some specific catagory of debt.

[Supercharts]

US Debt

04/15/2003 $6,460,651,308,615.55

http://www.publicdebt.treas.gov/opd/opdpenny.htm

[Vorticity]

Originally posted by Supercharts
US Debt

04/15/2003 $6,460,651,308,615.55

I don't believe for one minute that they could accurately put that many signifigant digits on that number. I wonder what the "error bars" on that figure are...

[Jocko]

Originally posted by Supercharts
US Debt

04/15/2003 $6,460,651,308,615.55

http://www.publicdebt.treas.gov/opd/opdpenny.htm

Uh, I have the 55 cents if someone else wants to chip in...

[Tony]

Who do we owe that debt to?

[Ian Osborne]

Originally posted by Tony
Who do we owe that debt to?

I was thinking that too. If a country as rich as America can get that far in dept, who's wealthy enough to do the lending?

[aerocontrols]

Originally posted by Ian Osborne


I was thinking that too. If a country as rich as America can get that far in dept, who's wealthy enough to do the lending?

There is a post (http://host.randi.org/vbulletin/showthread.php?s=&threadid=7355) about that here.

[corplinx]

Good ole' US savings bonds! Thats why I think its funny when peope talk about "paying off the debt". Essentially, if you balance the budget the debt will start to shrink since bonds are getting redeemed and we don't issue new ones.

Just think, if we got the budget small enough we could finance it with bonds instead of taxes. ;)

[Supercharts]

If we trashed all tax laws and had a flat tax of 3% with no deductions we'd stop going into debt.