Global national debt.

[Ihavenojob]

Apparently there are 5 countries who are not in debt, if every other country in the world is in debt, do they owe the money to those 5? If not, who do they owe the money to?

 

[MNW67]

Mainly to their own citizens through pension funds etc. buying government bonds.

 

[motorbiking]

and printing money.

 

[ellal]

National debt to GDP is an interesting thing...

When the tories came into power last time around it was around 60%, having been at an almost historical low under the previous labour administration...

And upon leaving office the tories left the country with a debt nudging 100%

That note saying there is no money left now pales into insignificance as to what the tories have done to UK since 2010!

 

[Vinty]

Getting wiped out at the last election has done the Tories a favour.
They didn't want to be in power when the **** hits the fan .
They have handed all the accumulated crap to Labour, if it all falls apart , then Labour will take the blame.

 

[Sunshine32]

Are the five countries not in debt, oil and gas rich?