Country debt as a percentage (%) of GDP, 2021 Q3. (data from Eurostat: ec.europa.eu)

32 comments
  1. It’s not the size of the debt, it’s the size of the repayment which should be the key measure here.

    Is there any data to compare debt payments as a proportion of GDP?

  2. Denmark buys mortgage bonds for public housing projects and lends out money to state owned companies like bridges, tunnels, metro, ferries, harbors…..

    Subtract that from the total (since it is not really debt but assets) the debt to GDP level drops to 17%. Lower than in 2019 before Corona https://www.nationalbanken.dk/en/governmentdebt/centralgovernment_debt/Pages/default.aspx#:~:text=At%20the%20end%20of%202020,23%20per%20cent%20of%20GDP.

    The chart here is interesting and puts the debt “attitude” in perspective. Sweden, Norway and Denmark has 20+ percent bonds with 1 year maturity for its debt.
    The Scandinavian touch if you like https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Structure_of_government_debt

  3. Thank god IMF and the German gang intervened and the Greek dept was managed appropriately!

    Oh wait, the whole idea was to save French and German banks? Who would’ve thought about it..

  4. Would be interesting to see also private debt as comparison. Somewhere I read Sweden has comparably high private debt for instance.

  5. Some like it medium rare, some like it well done, and then there’s Greece that likes it ashy

  6. pussies don’t take risks, don’t take debt.

    The alphas med bros borrow as much money as possible because we need more to spend on hookers and wine.

    You question yourself why countries like Estonia or Bulgaria have lower life expectancies than Greece or Spain, that is the reason.

  7. Greece’s GDP is 189 Billion dollars. Meta stock ( Facebook) lost 250 Billion dollars in One day.

    Banana for scale.

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