Countries with debt over 100% of GDP...

[Missourian]

...according to the International Monetary Fund.


Sudan.
Eritrea.
Djibouti.
Singapore.
Japan.
Portugal.
Ireland.
Italy.
Greece.
United States of America.

File:Government debt gdp.jpg - Wikipedia, the free encyclopedia


Now, I'm no economist, but I know most if not all of those other countries are in serious financial trouble.

Two questions.

What makes us different?

Why are we borrowing so much compared to the rest of the world?

 

[TheOldSchool]

Well I hope we start bulking up our military

 

[Missourian]

Well I hope we start bulking up our military

That's another good question...why are we spending 4 times more than China and 6 times more than Russia on military expenditures?

And the little ding of the sequester was going to keep us from preforming military operations?



http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures