▲ 997 ▼ the debt (lemmy.world) submitted 2 years ago by Varven@lemmy.world to c/memes@lemmy.ml 163 comments fedilink hide all child comments
[–] Varven@lemmy.world [S] 1 point 2 years ago (1 child) https://www.clearfinances.net/countries-without-public-debt/ permalink fedilink source parent hideshow 2 child comments replies: [–] toddestan@lemm.ee 4 points 2 years ago Well, that's a misleading title. All the countries in their list have some debt, just less than most. All countries carry some debt, because they need to show a history of reliably making payments on that debt in case they need to borrow money in the future for whatever reason. Not all countries, however, run massive deficits every year. permalink fedilink source parent
[–] toddestan@lemm.ee 4 points 2 years ago Well, that's a misleading title. All the countries in their list have some debt, just less than most. All countries carry some debt, because they need to show a history of reliably making payments on that debt in case they need to borrow money in the future for whatever reason. Not all countries, however, run massive deficits every year. permalink fedilink source parent