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- Mar 14, 2017
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Is that national debt too high? Some who argue that it is point out that investments that get taken up by debt essentially crowd out investments and that too much of it can't be good for the economy. For reference, I'll include a list of countries through their national debt to GDP ratio as of December 2016:
https://tradingeconomics.com/country...nt-debt-to-gdp
Japan: 250%
Greece: 179%
Italy:132.6%
US: 106.1%
France: 96%
Eurozone:89.2%
European Union: 83.5%
Ireland: 75.4%
Germany: 68.3%
Finland: 63.6%
Poland: 54.4%
Sweden: 41.6%
Denmark: 37.8%
The US ranks 12th overall in terms of countries with the highest debt to GDP ratio and ranks 5th among OECD countries.
https://tradingeconomics.com/country...nt-debt-to-gdp
Japan: 250%
Greece: 179%
Italy:132.6%
US: 106.1%
France: 96%
Eurozone:89.2%
European Union: 83.5%
Ireland: 75.4%
Germany: 68.3%
Finland: 63.6%
Poland: 54.4%
Sweden: 41.6%
Denmark: 37.8%
The US ranks 12th overall in terms of countries with the highest debt to GDP ratio and ranks 5th among OECD countries.