25 Countries with the Highest Debt to GDP Ratios
Global debt has escalated to a record-high of $300 trillion, implying a 349% leverage on Gross Domestic Product.
Source: insidermonkey.com
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PA College Students Graduate With Some of the Highest Debt in the Country
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Source: iheart.com
Mapped: The United States of Debt – Investment Watch
118.4% The most obvious takeaway from our map is that there are lots of states with tens of billions in debt. The state with by far the most debt in the country is California at $362.9B, topping some 120.5% of the state’s assets. Five other states also crack $100B in debt, including New York ($291.9B), Illinois ($248.7B), Texas ($222.6B), New Jersey ($222.3B) and Massachusetts ($104.5B). Clearly these states have been spending a lot more money than they’ve been collecting in tax revenues for several years. But just because some states carry a lot of debt doesn’t necessarily mean they ar...
Source: investmentwatchblog.com