Hey, I was just wondering if there are some countries in this world that has no debt? By looking at current situation and news, for me it looks that there are some hopeless countries such as Spain which I feel will never get out of their debts. And its sad that we got to such point.
Here is link. http://en.wikipedia.org/wiki/List_of..._external_debt
But some of data is old. And isnt debt of 100% GDP over the top? When can you ever return it? I know how the world works and how debt stimulates countries economy but it will be the doom of some countries too (Greece... anyone?).
Here is link. http://en.wikipedia.org/wiki/List_of..._external_debt
But some of data is old. And isnt debt of 100% GDP over the top? When can you ever return it? I know how the world works and how debt stimulates countries economy but it will be the doom of some countries too (Greece... anyone?).