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Discussion - Economy > Debt > external (per capita)
These are comments that our moderators found as non-authoritative though possibly interesting for
further discussion on Economy > Debt > external (per capita)
PK
29th June 2012 |
WOW !
As an Irish person, I new Ireland's debt was bad, but wow! Sure glad I bailed out of Ireland 5 years ago, thank God for my own foresight. |
Peter
11th May 2009 |
Iceland only has 2002 figures! |
Alex (France)
4th August 2006 |
The current french debt as publicized in the news in France in 2006 is $19,000 per capita.
According to the INSEE (Institut National de la Statistique
et des Études Économiques), it was $16000 in 2002. |
Lewis (Houston, TX, USA)
1st June 2006 |
Sean asked "Why isn't USA on these debt lists?" The answer comes from reading the definition, which is debts repayable in a foreign currency. The US government debt of that kind is 0. Private debt of that kind is very close to 0.
Jason cites the US debt clock of ~$28,000/person, but that is debt plus obligations. The portion of the Federal debt owed to foreign persons and entities is ~$7500/person. The total Federal debt is ~$15,000/person.
An example of an obligation would be social security taxes where the excess over payout is held as an IOU. This is a rational measure of future obligation, but it isn't a debt. For example, last year social security took in ~$15 billion more than it paid out. The US government put a $15 billion IOU in a filing cabinet to note future obligations. The US debt clock Jason cited went up by $15 billion. |
Jason
9th March 2006 |
According to the United States debt clock the American debt is about $27,724.08 per citizen. |
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