Which Countries Have The Biggest National Debt? 

Surprisingly No Iran is one green country on the map

Infelizmente ;-;

6:25 é uma alusão à TAP? Hahahah muito bom

Not very much🇳🇱

Iran is in green, good

They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.

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@@PhilipDunk I need a guide so i can salvage my port-folio and come up with better strategies. How can one reach this advisor?

Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

@@PhilipDunk Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

Chale

apparently Argentina is at slightly above 100%, so I don't think it's as drastic as you make it seem

@@eVill420 The problem with Argentina is that in 2015 had a debt that was arround 50% GDP. 4 years later it has a debt that was arround 100% of GDP and nobody of that administration can explain where that money went.

Is not because Argentina don´t share the information. IDK why there is not information on IMF site but the amount of the external debt is something that a country can not hide. We own arround 100% our GDP.

@@SirJuancelott grande

Based

In India during the times of April-May-June Russians Helped us and they even gave us their vaccine

Indeed, Putin might be jerk but his responsibility is at it’s best.

If there is little debt then the state is not growing. Governments invest in education, healthcare, social programs, infrastructure, defense etc to the benefit of its citizens which all costs money and these investments, which has to be balanced, is for the present and future of the country. The increasing debts could be sustained because of economic growth. Russia is only thinking about the present.

@@rcbrascan Not quite, as you might have noticed, Japan's debt has been growing during the years of stagnation since the 1980s, you can also note the growing South Kareya and Israel, which are growing beautifully without debt. The goal of countries is to give money to the economy so that it circulates like blood in it. Debt is just a way to get money, and not the best, if, for example, a country has raw materials to form a budget, then it's best not to get into debt.

Bulgaria why debt low

China has 290% dept it hides it's dept

@@anshul554 dude, stop spamming , OP or anyone else was not even talking about China

Let's not forget we might have one of the lowest debts worldwide, but we also have one of the lowest median salaries as well - supposedly 789 EUR or 889 USD as of Sep. 2021. And I can asure you most people live on 100 to 200 EUR less per month than the aformentioned numbers.

@@Reaf121286 most people are stupid . They don't understand public debt

Your country has such a whole better future ahead! The economic values tend to go up!

Nigeria is surely on the rise. It'll become one of the greatest economies of the later part of the century.

Nigeria is the Future African Superpower ...... Africa has to receive some credit and Nigeria would be the driving force of that in the Future . Love Nigeria from India . 🇮🇳💓🇳🇬

@@felipevlllll Thanks

@@krishpatel3156 Thanks

They do in college, which he would most likely be teaching.

Delete mat kar

Pencho

Teacher choose karega

Maybe search for an English teacher first 😊

???????

I was intrigued, so I checked: "Sveriges riksbank, or simply the Riksbank, is the central bank of Sweden. It is the world's oldest central bank and the fourth oldest bank in operation. The Riksbank began operations in 1668." Three banks (not central banks) were founded before 1664 when "Child & Co. was founded as the oldest bank in the United Kingdom" (shortened). You're right, the Bank of England was founded in 1694 and the Bank of Scotland in 1695. That's why I love the internet = learn something new everyday.

Same here, had to stop the video and check the year. Or did general knowledge slim down the actual use of the bank in question to something much narrower?

Go Sweden!

Oh well you beat us on that one!

Meeee, meeeEEEEE, MEEEEEEEE! All for me, by me, and tOoOoO MeeEeE! MUAHAHAHA (that´s how i pictured it)

🇺🇸:-I wanna distrupt my and Global Economy. 🗺️:- NononononoNOOOOOOO 🇺🇸:-Oops, sorry, I have Done that. (that's how 2008 Global Financial Crisis Came 😜😜😜)

@@sura899 that's not global. In asia didn't happen anything becuz of that crisis

@@Dattebayo3089 India and China was affected.

@@sodoff4451 I am indian nothing happens that time. Just people who are working in America they lost job. just europian and us people want through that crisis. Even in aus, NZ also nothing happened. Even India never faced unemployment. People don't get job in india cuz they lack in skills(due to poor education system) and most want to work for Govn jobs more than private jobs. And people live asia just they want to have foriegn life style. And inflation happens everytime.

your government is screwed up. You need bolznaro's for the next 40 years to get it straight. Privatize everything so the government is corrupted!!!

@@davidanalyst671 You really know nothing. Bolsonaro increased debt to GDP and he has a ton of corruption issues. I've known him for a long time and he's just a corrupt clown.

(laughs in Argentina)

More like the same spelling as in French, just like many English words. Not sure where you came up with this Latin story. Lmao.

@@porkysharma8423 and where do you think the French got it from…?

@@porkysharma8423 The English word "debt" comes from Latin "debitu". Other Romance languages have cognate words: "dette" (French), "deuda" (Spanish), dívida (Portuguese), "debito" (Italian), "débeda" (Galician) or "deute" (Catalan). The English form was borrowed from the French back in the 1000s, and back then the word was written as "debte". Nowadays, English (almost) conserves this spelling, however French changed to "dette".

@@novelle2727 You literally said it yourself "Middle English dette : from Old French", so where is your initial "English borrowed these words from Latin"? Debt was borrowed from French, and an anglicise Latin word would have sounded different. Same applies to @Diogo Rodrigues and @Tom May.

@@novelle2727 Just because the French took it from the Latin, doesn't mean the English borrowed it from the Latin. If that was the case, then it is fair to assume, according to your very own narrative, the English word "debt" came from Greek, as Latin itself is derived from Greek.

Private debt acceleration is a bad sign.

@@willrichardson519 true

The big mega building projects in japan are mind blowing and part of the reason for the debt. kansai international airport was one of those projects. It cost $17 bn us dollars. I marvel at it every time i go there. There are other big mega projects around japan that people make comments like "this place looks like a bubble era construction project"

@BorisH interesting point yes

@BorisH yes, this was true . This was supposedly also a reason why the government wanted to puncture the bubble, to release the pressure in a controlled manner. This did not work; the country went into a slump for more than 10 years.

and so the United states goes out and destroys itself with 7 trillion in federal reserve stimulus and 1 trillion in infrastructure packages

@@davidanalyst671 Zimbabwe moment

@@davidanalyst671 having broken down infrastructure is the real, tangible damage and harm to the economy.

That good for them as the manipulation is counterproductive and generally bad.

@@timjohnson1199 ask US

and since countries of central asia planning to sell their oil not in US dollars, but in other currency - it may indeed happen

@@romanpyatibratov4361 Wishful thinking from a russki😂🤡

Also notable to say that Russia experienced hyperinflation not long ago in the 90s and nearly collapsed. Russian economy was heavily reliant on gas exports back in 2000s, and with gas price boom it helped the economy a lot. The government has nationalized some of the assets, mainly those held by oligarchs, to prevent oligarchs from influencing the policy of the government. Because well I think, the transition to capitalism from the soviet era, paved way to a lot of oligarchs who just influences what they want within the government. Russian economy was on a surplus and their government paid back debts early that even the lenders complained 😂 Russians believe in sovereignty, to be able to decide what they decide fit for their country. They believe that less debts would mean less external influence on their policies. Then it all comes down to management I think. They make sure they don't suffer the economic collapse that happened in the 90s, that's why they prefer to operate on a budget surplus.

@@fer4020 monetary sovereignty means no foreign currency borrowing.

@@willrichardson519 For sure. But I don't think Russians aim as much as they have no foreign currency loans. I believe they started to decrease their debt with the goal to 'limit foreign influences' to their policies. In 2000s, people really believed that it was the outside influence along with oligarchs that ultimately destroyed the economy because they have enough influence in the policy making of the government at that time. Once the debt of the country was decreased, it was a major step for the government to make policies they believe was best for the country to move forward.

Oil and gas money are horded While except Moscow and Saint Petersburg rest of Russia is almost wasteland

Absence of investment due to instability of government

Italian savibgs own most of the debt and their own houses?

@@willrichardson519 most of italian debt is owned by german, french and italian banks and it basically consists in common middle class savings. I for myself have a part of mine invested there. It is also true that majority of italian people own the house they live in, and the private debt on average is extremely low. So yeah, Italy is one of the most indebted countries in the world, but like in Japan, most of it is owned by italian citizens themselves. that is why the interest rate on italian debt isn't much higher than the one of other countries that have much less, like Germany. Obviously it's higher, but not proportionally to its size.

All debt must be paid tge same way, whats the point of differentiating?

your government is screwed up bro. We complain in the USA cause our inflation is 7%...

Debt isn't always bad. e. g. as long as you can borrow money with an interest lower than the inflation you make money. Germany even sold bonds with a negative interest...

@@0799qwertzuiop Germany's quite special... I wonder why he didn't talk about it in the video

Wow you are so nordic 😆

What are private sector savings like?

they doubled the debt. the only reason there was a stop to the loaning was that they were dethroned.

General KSI

The government in germany gets most of its borrowed money from the private sector, so that doesnt really matter. At the same time, noone profits as much from the euro as germany, being an export nation. The ones who benefit less from the euro are countries like greece.

@@apfel3397 And despite that, greece faked their dept papers to get into the EU.

@@4Curses the debt regulations the EU has are a joke, especially the 90% ceiling has no scientific basis. If anyone is wrong there, its the rules, not greece lol. The eurozone crisis had the rich nations, germany first, throw greece under the bus. The willingness of the greek people to stay in the eurozone makes them better europeans to me than us northern countries...

The first grammar period of yours explains Japan's debt pretty well.

China has 290% dept it hides it's dept

Natural gas does help a lot.

@@harukrentz435 Gas is a trifle, but oil is another matter, but it is worth noting that the United States and many other major exporters of raw materials have not a small government debt.

Let not talk about new diamonds locations , our President is very wise when come to resources, during Jeljcin era we lost almost all our industry but when our President took over economy slowly come on track.

@@harukrentz435 USA print money as much they WANT. And this is default the complete world, because EVERYTHING is in US$ : oil, rice, metal, flower, uranium, weapons, EVERYTHING. very convienient that YOU can print as much as you want and making the most weapons....

Get serious, Russia is barely different from 3rd world and 60% of it's economy is natural resources or it would be 3rd world. Joey B. has now helped by destroying America's oil independence and helping Russia, but the BS was Trump was colluding.

Countries can always emit more debt to pay what they due. The US being the biggest economy in the world, debt is not really a problem as their risk of defaulting is basically 0.

If I owe you $1,000, that's my problem... If I owe you $1,000,000,000,000... Dude, that's your problem.

@@ranjith27 Masters can allow themselves debt, they can print as much they need. slaves cannot allow themselves debt, even not a little, their income will be skimmed (stolen). Viva la revolucion.

Maybe after new world war America will start paying their debt, look at the ww1 and ww2 trend, those were the only times America debt decrease

@@AntonioZL I wouldn't say that. I mean, what are you going to do if the US suddenly said no to paying its debt? Start a war? With the country that put most of the money they borrow into their army and technically consist of a completely fortified continent?

Yeah that's a difficult concept to get your head around, but it is how it is.

@@tahawaleed1779 lol ikr

How countries debts work is an interest topic I recommend looking into more.

That's a good observation. We're so used to see debt as a negative element, that we forget that public finance does not work the same as our private financial life, like the more classical economic theories used to state. If you're interested, you can search out about some more modern monetary theories (MMT), and how a lot of countries have been using these economic politicies after major crisis (such as 1929 and 2008). Public expenditure is just a tool for economic policies, of course it does not work for everyone, but is not always bad as we're used to think.

Check out the web for an explanation on "Fiat money"

the state of who

Yep just googled and it's indeed Swedish

Not a reference to the first central bank, but the first central bank of the English.

@@bowez9 No its not what he means. He had the wrong facts.

No Amsterdam had the first stock exchange/ founded capitalism

aitäh

covid and the first government ever that really wanted to use loan money. they took on more debt than was needed.

As a vietnamese i would say the same, i went abroad when i was in middle school. Going out of Vietnam give me a perspective of the problem in vietnam but also it benefit, it make me love my homeland more than i ever expect to be while living vietnam, i guess i took thing for granted back then. Now i returned here to go to university

A normal day in SEA

same here in the philippines. they've been fooling people about the huge amount of debt each of one of us owed.

It's a subtle thing.

They say both XD. And every time it changes it stands out to me.

And again, how many languages besides from English do YOU speak, and are you able to pronounce ANY cities and countries as they should? Just wondering....

@@monajohansen8764 And again??? I don't see the relevance of your comment?

Canadas problem is small population.

I don't think so thats a problem. You need investment. But not having near to sea can hurt.

@@ChoCoMoCo69 it does especially for shipping. Well the Government is also corrupt so it’s not really helping we could be progressing so much better

@@oneontumetse7900 I thought Botswana is only stable govt in Africa!! 🙄🙄 Having Sea availablity boost connectivity and attracts Foriegn investments. But I agree if you have currupt official it doesn't matter how much money you get it will go into Swiss accounts.

@@ChoCoMoCo69 well on the outside it looks like we are doing great but the new government elected in 2019 has been so dodgy. Hopefully in 2024 we can change them and continue building towards a more progressive future

@@oneontumetse7900 Ok!! I didn't know about that I read a lot about Botswana. I think I missed reading about your 19elections cuz my country too had election that yr. All the best for you and your country. 👍

in spanish it's "débito" and we also say the "b" when reading it in english

Yes, that's right. In Portuguese there's no silent "b" words, it's always pronounced. So that's why maybe.

Maybe is because they don’t know that the “b” is silent

@@victorcampos7885 same in Hindi ( there are no silent letters)

@@matiu7715 many languages don't have silent letters. I always wonder why do silent letters exist in English? To confuse people 🤔

Lol as a Qatari I’m happy for u guys. 🥳👏🏽🇰🇼

I lived in kuwait for a year :)

only in your dreams

Debt is good. Can I borrow some cash from you.

Fake economic growth. Like buying jobs.

Debt is not inherently good or bad. What matters if what you do with the money you have borrowed.

One person's debt is another person's savings.

@@willrichardson519 Also another's income stream from interest payments.

Foreign debt is usually borrowed from the IMF or World Bank. They are basically instruments of the west. The next player in the market is China. The issue of public debt is highly nuanced together with taxation policy.

@@louvendran7273 biggest power in west is the USA, which herself in in debts.

Český dluh ovlivnil hl.covid a tend půl bilionovej deficit Shillerový. Do tý doby Babišův kabinet paradoxně stáhl dluh ČR mezi nejméně zadlužené země EU.Ale ta finanční injekce a stimulační balíčky od EU s masivními úroky to stáhly na rok 2010 a ODS se bojím že to ze zvyku ještě zhorší. Nechci moc vystupovat z EU, ale nyní nám členství hl.s nástupnickým green dealem kterej je nesmyslem století přinese náklady kolem dalšího bilionu Kč což nám sice EU dorovná dotací, ale za podmínek že zpět pošleme více jak dostaneme. ČR trpí hl.na mizerné finanční rezervy v rukách státu, tak si stát musí pomáhat půjčkama což zpomaluje ekonomike. Nejsem Rusofil, ale jejich příklad jak se tomu vyhnout a proč se Ruska sankce ani pád cen ropy tolik nedotkl bylo to, že v době růstu investovali v letecn 2000 - 2008 a pak 2009 - 2014 a nyní 2014 a dále vždy v růstu do rezerv a aktuálně jsou ruské státní rezervy kolem 600 miliard USD a dalších cca 500 miliard ve zlatě plus miliardy v diamantech, což jsou dokonce 5x větší rezervy než má USA, která chybně vyhodila rezervy do vzduchu a zadlužuje se tiskem dolaru,hl s B Biienem se nyní díky tomu inflace dostala na hranici krize v roce 2009 před čímž pragmaticky Trump, což je hovado, ale úspěšný podnikatel a ekonom varoval. USA je díky tomu ve stavu že už ani nemůže pújčovat peníze, jako zkomírající Mexické ekonomice, mezi tím co Rusko se dostalo opět do fáze kdy si u něj nedávno půjčil i Írán, Libanon i blbé Turecko které nechápu jak může být v nato tolerováno, což Rusku dává vliv, páky a jistý výdělek i kdyby na něj byly opět aktivované sankce. Paradoxně i Německo nyní Rusku za ropu a plyn v době Polských a Ukrajinských obštrukcí plynu dluží 35 miliard dolarů, i proto začíná být kolem Ukrajinské krize a budování NS2 na straně Ruska. U Ruska má za plyn qa součástky do raketoplánů nyní sekeru i USA kdy Rusko tvoří 19 procent americké konzumace plynu a ropy hl.na Aliašce a západním pobřeží.

The "voice" is an IT program. NOT human! Get used to it.😅

@@tomorrowhowever7488 In that case, the programmer did a poor job. The B in debt is silent.

@@jamesbond695 We all know the "b" is silent. I ignore it and enjoy the context. If you're a programmer, I can understand how it must be like "fingernails on a chalkboard" for you. I wish you a great career. 😊

No wealthy country will loan a poor country money without collateral. What is "funny" about that?

well if you think about it makes a lot of sense no bank will loan to a person without a job or some good assets in their belt because if the dont have that they are not sure if they can pay the debt. that is why poor countries dont have debt noone wants to backup someone that they think will not pay

well this is true and it's just a basic principle of economy. take Amazon for example. It's the 2nd company in the world by market cap, but technically, it's been on deficit since it was born. But whenever they go on the market to ask for money by selling its stocks, people race to buy them because its growth rate outnumber the deficit by a ton, so there is no way in the world it's going to turn out as a bad investment.

Have you heard of this thing called the squid games? It may help you out

@@HeloFish trust me, i would die in every single game

That’s sick

Really??

@@General.Knowledge Yes, Ed Herlihy was "the voice" for Kraft cheese. Also dabbled in acting. Police Academy 2 & Pee Wee's Big Adventure as Francis' dad. Both he and my grandfather went to BC for radio broadcasting and announcing and were announcers for many early Television programs. Ed introduced television at the 1939 World's Fair in NYC and voiced many WWII newsreels in the 1940s. Their 1st cousin was also vaudeville star and radio comedian, Fred Allen.

Well yeah, that’s how it’s spelled

@Sentinel5000 The "B" is silent.

@Sentinel5000 no its not

@@playerbruv9329 yes it is

@@jeanalex7698 no its not. you cannot alter a language.

cant blame him, fuck english nonsense pronunciation

If you don't want people to pronounce random letter, don't put them there

Why though? The letter is there for a reason

but what if your assets drop in value? the real estate bubble can't go on forever

@BorisH "debt to GDP is debt to yearly income" GDP is not income

But it still means destruction of peoples pensions and life savings. Just because the creditors are domestic doesn't mean it's pain free.

Debt is debt.

Hopefully there will be 2 people working for every 4 on pension and that's being optimistic Who will pay for this bill as these boomers have spent tomorrow's funds...who will make the decisions as to who gets health treatment or not?

In context; Rich countries are having a Heavy minor crisis such as Homelessness.

we have one great consolation lol