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In Reply to: When Will America Go Broke? posted by Inmate51 on March 8, 2021 at 09:18:51:
The US Net International Investment Position (NIIP) does not look good.
NIIP is national assets, private and public, minus national and private debt. Using that metric the USA overall owes 65.9% of it's annual GDP.
A little bit worse than Egypt but a little better than Slovakia.
For comparison Germany is 73.2% to the good and Japan 66.6% while little Norway is a massive 238.6% in credit.
(2020 and 2019 numbers)
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Follow Ups
- RE: When Will America Go Broke? - b.l.zeebub 03/8/2110:19:12 03/8/21 (0)