munKNEE.com Your Key to Making Money
In absolute size of net foreign liabilities the U.S. leads the way but, as a share of GDP, its position is much less than that of Spain & Poland who exceed the acceptable level of 60%. Where does your country rank?
The biggest creditor economies, based on mostly running trade surpluses over the years, are who you would expect.
The tables in the article linked HERE shows you all the details.
Disagree? Concur? Have your say on the subject via:
We’d like to know what you have to say.
Related Articles from the munKNEE.com Vault:
1. Who Buys U.S. Treasury Debt Now That the Fed Has Ended QE – Who? Got Gold?
Now that the Fed has stopped its quantitative easing who does the Fed expect (hope) will buy US Treasury debt? Read More »
2. You Should Be Terrified! U.S. Is In A Debt Trap & Oblivious to the Consequences
There exists in the Congress, in the Obama administration, in the media and on Wall Street, a national belief that America can print paper money and grow its economy as its route map out of debt. With annual GDP growth expectations of 2% to 3% over the next several years, this is a completely false hope! Read More »
3. When the Bubble Bursts It Will Cause Deflation & Drive Widespread Social Unrest – Here’s Why
Should we be concerned when tepid economic growth and low inflation are accompanied by increasing public and private debt? Are we borrowing just to stay alive? [As I see it,] national governments will increase national debt loads in order to stay in power until one or more of them default. Then their will be financial panic which will most certainly be deflationary. Here’s why. Read More »
4. Perpetual Debt Provides NO Free Lunch!
For a couple of years the world’s central banks fooled the public into believing that perpetual debt was a good way to rejuvenate the markets but, alas, there will be no free lunch. Having a system addicted to perpetual debt is NOT a solution as the following 9 indicators clearly suggest. Again, nothing comes for free in this world. Read More »
5. 5 Lies About America’s $18 Trillion Debt Refuted
There has been a great deal of misinformation and propaganda – outright lies – about the $18 trillion U.S. government debt and this article examines 5 of the biggest such lies. Read More »
6. There’s debt, Then There’s Debt, Then There’s U.S. DEBT
The next time someone says, “The US is the richest country on Earth” correct them and state that “The U.S. is the most bankrupt and indebted country in the history of the world” because that’s reality. Let me explain. Read More »
7. What Could – What Will – Pop This “Money Bubble”?
There is too much debt. Debt works the same way for a country as it works for an individual or a family, which is to say if you borrow too much, then your life basically craters. Everything gets harder to do, and you end up doing things in order to deal with your past mistakes that you would never do normally. You start trying absolutely crazy things, and that’s where the world’s governments are right now. We are doing all these things that are essentially con games and getting away with it so far, because a printing press is a great tool for fooling people. I don’t see how we can get away with it too much longer. Read More »
8. Which of These 6 Actions Will U.S. Gov’t Take to Resolve Country’s Debt Problems?
The U.S. is in a financial debt spiral. What’s the Administration to do? This article analyzes 6 alternative courses of action available, presents the consensus view of each, comes to a conclusion as to what will unfold and suggests what the implications are for one’s investment portfolio. Let’s take a look. Read More »
You’re so interesting! I don’t believe I’ve read something like this before.
So nice to discover someone with unique thoughts on this issue.
Really.. thanks for starting this up. This web site is one thing that is needed on the internet, someone with
a little originality!