Posted on Jun 16, 2016
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That sounds pretty gruesome, doesn't it?
Public debt as % of GDP [2013 CIA data]
Spain 100.7
USA 104.17
Total (Gross) Government Debt as % of GDP [2015 IMF data]
Spain 97.2
USA 106.71
Net Government Debt as % of GDP [2015 IMF data]
Spain 71.931
USA 87.859
Now is that enough to make you say "Hmmmmmmmm?!?" or not?
Public debt as % of GDP [2013 CIA data]
Spain 100.7
USA 104.17
Total (Gross) Government Debt as % of GDP [2015 IMF data]
Spain 97.2
USA 106.71
Net Government Debt as % of GDP [2015 IMF data]
Spain 71.931
USA 87.859
Now is that enough to make you say "Hmmmmmmmm?!?" or not?
Spain's public debt surpasses 100 percent in record high
Posted from thelocal.es
Finance
Society
Congress
Taxes
Politics
Posted 8 y ago
Responses: 2
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That should not surprise anyone, we have a house of cards built on sand. Do we want to become Greece? That is our future if we continue with current policies being used by both establishment parties. There is only one choice that POSSIBLY will change the dynamic.
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COL Ted Mc There were those who had suggested that an America zone would have been a good idea like the Eurozone. A common currency, ease of trade, etc... With the Greek Debt Crisis, Spain's Debt, Portugal too if I am not mistaken, I am glad that we never did this. In the interest of disclosure, I thought it was a good idea at first too. I was wrong, majorly wrong.
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