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<p>[QUOTE="beef1020, post: 2104274, member: 24544"]This list is pretty meaningless for basically any discussion. It's a list of international creditors, as the list is just 'external debt'. As such it basically tells you the countries with the largest global financial systems, i.e. US, Luxemberg, Switzerland, and the UK, not much of a surprise really. While Luxemberg has a huge 'external debt', when you net out their 'external assets' they actually are a net international creditor. The list you posted ignores their assets. How much can you tell about my personal fiscal health if I told you I have $1 million in total debt?</p><p><br /></p><p>The lists you want are:</p><p><br /></p><p>Net international position: <a href="http://en.wikipedia.org/wiki/Net_international_investment_position" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Net_international_investment_position" rel="nofollow">http://en.wikipedia.org/wiki/Net_international_investment_position</a></p><p><br /></p><p>Or public debt: <a href="http://en.wikipedia.org/wiki/List_of_countries_by_public_debt" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/List_of_countries_by_public_debt" rel="nofollow">http://en.wikipedia.org/wiki/List_of_countries_by_public_debt</a>[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2104274, member: 24544"]This list is pretty meaningless for basically any discussion. It's a list of international creditors, as the list is just 'external debt'. As such it basically tells you the countries with the largest global financial systems, i.e. US, Luxemberg, Switzerland, and the UK, not much of a surprise really. While Luxemberg has a huge 'external debt', when you net out their 'external assets' they actually are a net international creditor. The list you posted ignores their assets. How much can you tell about my personal fiscal health if I told you I have $1 million in total debt? The lists you want are: Net international position: [url]http://en.wikipedia.org/wiki/Net_international_investment_position[/url] Or public debt: [url]http://en.wikipedia.org/wiki/List_of_countries_by_public_debt[/url][/QUOTE]
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