996
the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] toddestan@lemm.ee 4 points 5 months ago

Well, that's a misleading title. All the countries in their list have some debt, just less than most.

All countries carry some debt, because they need to show a history of reliably making payments on that debt in case they need to borrow money in the future for whatever reason. Not all countries, however, run massive deficits every year.

this post was submitted on 07 Jun 2024
996 points (92.1% liked)

Memes

45656 readers
1665 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS