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Mats Kaarbö

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The World has More Than 40 Trillion Dollars in Debt, But To Whom?

The question is simple. To whom is the world in debt?

Source: http://www.economist.com/content/global_debt_clock

Topics: Debt Crisis critical thinking debt education world
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    Krisztián Pintér 200+

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    Oct 3 2012: the world is not in debt. some countries are. other countries are the creditors. like china, like germany.
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      chen xin

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      Oct 4 2012: actually china is very rich while chinese are poor .
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        Krisztián Pintér 200+

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        Oct 4 2012: poor they are, but they still had to finance american flat TV's and SUV's. this would not happen in the real world. only in this weird dream we are living in.
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          chen xin

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          Oct 4 2012: ok . i admit that there are thousands of people who can own a suv,or ipad .but you know there are 13 billion people .not everyone can have one ..compared to america .i think we are still a village .they can own one or two .per family .while we may be ten percent of that .and most of us are workers .we still need to strive for meals for houses.
          i think living in china is much diffcult than some european countries .we do not have a complete health system .and also we handreds of thousands of student are facing a job seeking .even we can not find a good gob after we graduate .rich people are very rich .poor are very poor .
          most of the people who can burden a suv and ipad are officials merchants .so china is not what you thing it is .
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        Krisztián Pintér 200+

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        Oct 4 2012: i was talking about americans. look at the world chart of trade balance:
        http://en.wikipedia.org/wiki/File:Cumulative_Current_Account_Balance.png

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