Thursday 11 August 2011

And thats the way the cookie crumbles....

A fresh perspective on world economics. Below are the nations with the highest debt in the world (absolute as well as % terms with respect to GDP), posing a threat to the global economy. Even though rising demand in countries like India and China can help cushion the spiralling effect of this, it is in everyone's best interest that the economies stabilize soon.

  1. USA - Debt as in percentage of GDP: 94% 
  2. UK
  3. Germany
  4. France
  5. Netherlands
  6. Japan
  7. Ireland
  8. Norway
  9. Italy
  10. Spain
  11. Luxembourg
  12. Belgium
  13. Switzerland
  14. Australia
  15. Canada
  16. Sweden 
  17. Austria
  18. Denmark
  19. Greece
  20. Portugal

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