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0 sats \ 2 replies \ @Satosora 12 Nov \ on: Ranked: Government Debt Across Major Economies charts_and_numbers
Wow, didnt realize japans debt was so large compared to everyone elses. Singapore seems to be doing well with zero. Why isnt it first, then?
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13 sats \ 1 reply \ @0xbitcoiner OP 12 Nov
The chart represents gov debt. if singapore had 0 it would be in last place, not first. The note on Singapore with net 0, I think, is the total debt (gov + private (creditors?)). But I'm not sure. Maybe @Undisciplined can clarify.
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44 sats \ 0 replies \ @Undisciplined 12 Nov
I don't think it's referring to private debt. My impression is that Singapore must hold as much debt as it has taken out: i.e. their national government holds the same amount of foreign debt as it has borrowed.
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