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0 sats \ 3 replies \ @af1f6f3e17 OP 29 Jan \ parent \ on: Why everybody talks about public debt to GDP and not external debt? econ
Take germany for example public debt is aroung 63 to 72% according to different sources, but external debt is 157%. There are many others similar cases. Which would make USA's debt around 194%
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0 sats \ 2 replies \ @Undisciplined 29 Jan
I don't see why you're adding the two numbers together. The external debt numbers are clearly goofy on that page.
Germany's total national debt is less than it's GDP, so it can't have an external debt to GDP ratio above 100%.
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26 sats \ 1 reply \ @af1f6f3e17 OP 29 Jan
My point is it's very very hard to find the number of real external debt, I wouldn't be surprised if for example after auditing the fed USA has some huge external debt to God knows who some foreign banks...maybe it's just speculative conspiracy but I don't bielieve govt numbers and they never mention "external debt"
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0 sats \ 0 replies \ @Undisciplined 29 Jan
Gotcha.
The official numbers are here, but I don't see any breakdown by specific debt holder.
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