Quote Originally Posted by Hanna View Post
Basically you've been had!!! And the Wall Street Occupiers are just trying to make people wake up and take back control from whatever shady interests are really erunning the country from behind the scenes. Drawing it deeper and deeper into irrepairable debt, while China is laughing all the way to the bank.
There are some countries where public debt is much higher than GDP and it doesn't change much for people living there (for example Japan)
And there are some countries having public debt much lower than GDP but people living poorly there (including Russia and China)

Also there are some countries having external debt much higher than GDP, meaning that business there is practically owned by other countries and Sweden for example is one of them (external debt of Sweden is 1.87 times higher than GDP of Sweden). Do you feel bad living in that country Hanna?

My point is - w/o understanding the meaning of these number it is all just mass media populism