#Debt-to-GDP

[rodgermalcolmmitchell]

Believe it or not, the government lies to you.

I’m sure you will find this difficult to believe, but the U.S. government lies to you about many things, this time about its finances. The following is from the government Bureau of the Fiscal Service: Executive Summary of the Fiscal Year 2022 Financial Report of the U.S. Government An Unsustainable Fiscal Path An important purpose of this Financial Report is to help citizens understand current…

[cmanateesto]

Think of the hedgefunds...

[paulthepoke]

50% Potential Loss to the Great Triumvirate: Stocks, Bonds, and Real Estate

Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Proverbs 22:16 Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty. Michael Douville took the time to talk with President of Pento Portfolio Strategies, Michael Pento. For those who are interested in a deep discussion about bonds, debt, and lending. How…

[notayesmanseconomics]

The problems underlying the crisis in France are lack of economic growth and higher debt costs

Over the weekend the pace rather picked up on the issue of the French Budget. The situation yesterday was this. PARIS, Dec 1 (Reuters) – France’s far right National Rally (RN) leaders said on Sunday that the government had rebuffed its calls for more budget concessions, raising the chances of a no confidence vote in the coming days that could topple Prime Minister Michel Barnier.RN lawmaker…

[alfredmarshall]

Dollar Dominance Fades: What's Next for U.S. and Global Trade?

As the dollar's global standing weakens, new challenges arise for U.S. and global trade. Learn about the potential risks and opportunities ahead in this changing economic era.

[indianahal]

The US. government has placed new generations of Americans in financial peril because of their out-of-control spending.  The congress has crossed over the $33 trillion threshold of debt.  In recent months the debt is accelerating with over $1 trillion added almost every three months.  Spending is out running revenues by such a huge margin that the ratio of public debt to GDP cannot be maintained.  My new video looks at this, and also how the non-stop printing of money is weakening the value of the dollar worldwide.

[superpte]

Should France And Britain Have Fought The US Plutocratic Deep State In 1918? Yes! Consequence: Giant Debt To GDP Should NOT Be Repaid: TODAY! 

WHAT WOULD HAVE BEEN THE BEST COURSE FOR CIVILIZATION, GIVEN THE 1914 GERMAN ATTACK ON THE WORLD?… And The SUBSEQUENT SURRENDER Of FrANCO-BRITANA To The US DEEP STATE?  The facts:Twice tyrannical, racist Germany deliberately caused a world war in the Twentieth Century with the destruction of the non racist, democratic French republic as its first objective. Twice a reunited France and Britain…

[klimanaturali]

As Maiores Dívidas do Governo Central (% do PIB)

[freepressjournals]

India's Government Debt: A Beacon of Safety and Prudence

Finance Minister Nirmala Sitharaman has recently highlighted the robust and secure nature of India’s government debt, describing it as “safe and prudent.” In a series of posts on social media platform X (formerly Twitter), Sitharaman emphasized that debt assessments should consider GDP growth, often overlooked in straightforward comparisons of absolute numbers.

Sitharaman contrasted the current government’s fiscal management under Prime Minister Narendra Modi with that of the previous Congress-led United Progressive Alliance (UPA). She noted that despite facing the economic challenges posed by the COVID-19 pandemic, the Modi administration has demonstrated superior fiscal discipline.

Addressing the promises made by Congress in its manifesto, Sitharaman questioned the fiscal feasibility of schemes proposed by Congress leader Rahul Gandhi, such as the ‘Khata Khat’ initiatives. Gandhi had promised to transfer ₹1 lakh to one woman in every poor household if Congress wins the elections. Sitharaman challenged this by asking how Congress plans to finance such schemes, whether through substantial borrowing or increased taxes.

She highlighted that India’s debt-to-GDP ratio stood at 81% in 2022, which is significantly lower than that of several major economies. For comparison, Japan’s debt-to-GDP ratio was 260.1%, Italy’s was 140.5%, the USA’s was 121.3%, France’s was 111.8%, and the UK’s was 101.9%. This comparison underscores India’s relative fiscal stability.

Additionally, Sitharaman pointed out that India’s central government debt is predominantly rupee-denominated, with external borrowings accounting for less than 5% of total debt. This structure minimizes India’s exposure to exchange rate volatility. She recalled that the central government’s debt as a percentage of GDP was reduced from 52.2% in 2013–14 to around 48.9% in 2018–19 through fiscal consolidation efforts. During this period, the fiscal deficit was also reduced from 4.5% in FY14 to 3.4% in FY19.

However, the fiscal deficit surged to 9.2% of GDP in 2020–21 due to the pandemic and necessary government interventions to protect lives and livelihoods, increasing the central government’s debt to 61.4% of GDP. Post-pandemic, the Modi government has adopted a balanced approach to fiscal consolidation while maintaining economic growth, reducing the fiscal deficit to 5.8% in the Revised Estimates for FY24.

In conclusion, Sitharaman’s detailed breakdown underscores the prudent management of India’s government debt, emphasizing the country’s strong fiscal position relative to other major economies. The current administration’s focus on fiscal consolidation and economic growth post-pandemic showcases a commitment to maintaining financial stability while fostering development.

[head-post]

Bulgaria has second lowest debt to GDP in EU for 2023

Eurostat data shows the highest public debt-to-GDP ratios among EU member states were recorded in Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%) and Belgium by the end of 2023, Novinite reports.

However, the ratio of public debt to GDP falls below 30 per cent only in Estonia (19.6 per cent), Bulgaria (23.1 per cent), Luxembourg (25.7 per cent) and Denmark (29.3 per cent). Ten EU countries have seen an increase in this indicator, while 17 others have seen a decrease.

Bulgaria was the leader in terms of percentage points, increasing by 2.1 per cent. It is followed by Latvia (up 1.6 percentage points), Finland (up 1.5 pp), Estonia (up 1.4 pp), Sweden (up 1.2 pp) and Poland (up 1 pp).

The most notable decreases are observed in Portugal (down 8.4 pp), Greece (down 3.7 pp), Slovenia (down 2.6 pp), Belgium (down 2.4 pp), Slovakia (down 3.7 pp), Slovenia (down 2.6 pp), Slovakia (down 2.3 pp), Spain (down 2.1 pp), Cyprus (down 1.7 pp), Hungary (down 1.5 pp) and France (down 1.4 pp). While some countries saw an alarming rise in their debt-to-GDP ratios, others saw significant declines.

Read more HERE

[rodgermalcolmmitchell]

More proof that the Internation Monetary Fund is a group of fools and con men

No sooner do I publish, “Historical BULLSHIT Claims the Federal Debt Is a ‘Ticking Time Bomb’” than this IMF article pops up: World’s $100 Trillion Fiscal TIMEBOMB Keeps Ticking Story by Craig Stirling (Bloomberg) — Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts. Two weeks ahead…

[thoughtfullyblogger]

Success Story Μητσοτάκη: Η Ελλάδα έχει το μεγαλύτερο χρέος προς ΑΕΠ στην Ευρώπη [Eurostat]

ΕΛΛΗΝΙΚΟ ΧΡΕΟΣ – EUROSTAT – ΑΕΠ Οι υψηλότεροι δείκτες του δημόσιου χρέους προς το ΑΕΠ στο τέλος του δεύτερου τριμήνου του 2023 καταγράφηκαν στην Ελλάδα (166,5%), στην Ιταλία (142,4%), στη Γαλλία (111,9%), στην Ισπανία (111,2%), στην Πορτογαλία (110,1%) και το Βέλγιο (106,0%) ενώ οι χαμηλότεροι στην Εσθονία (18,5%), τη Βουλγαρία (21,5%), το Λουξεμβούργο (28,2%), τη Δανία (30,2%) και τη Σουηδία…

[eclecticstarlightblogger]

Success Story Μητσοτάκη: Η Ελλάδα έχει το μεγαλύτερο χρέος προς ΑΕΠ στην Ευρώπη [Eurostat]

ΕΛΛΗΝΙΚΟ ΧΡΕΟΣ – EUROSTAT – ΑΕΠ Οι υψηλότεροι δείκτες του δημόσιου χρέους προς το ΑΕΠ στο τέλος του δεύτερου τριμήνου του 2023 καταγράφηκαν στην Ελλάδα (166,5%), στην Ιταλία (142,4%), στη Γαλλία (111,9%), στην Ισπανία (111,2%), στην Πορτογαλία (110,1%) και το Βέλγιο (106,0%) ενώ οι χαμηλότεροι στην Εσθονία (18,5%), τη Βουλγαρία (21,5%), το Λουξεμβούργο (28,2%), τη Δανία (30,2%) και τη Σουηδία…

[alfredmarshall]

Impact of Unabated U.S. Deficit Spending on Inflation and Growth

Unabated U.S. deficit spending triggers inflationary spirals, weakening economic growth by increasing debt burdens and shrinking room for essential investments in future development

[greekblogs]

Success Story Μητσοτάκη: Η Ελλάδα έχει το μεγαλύτερο χρέος προς ΑΕΠ στην Ευρώπη [Eurostat]

ΕΛΛΗΝΙΚΟ ΧΡΕΟΣ – EUROSTAT – ΑΕΠ Οι υψηλότεροι δείκτες του δημόσιου χρέους προς το ΑΕΠ στο τέλος του δεύτερου τριμήνου του 2023 καταγράφηκαν στην Ελλάδα (166,5%), στην Ιταλία (142,4%), στη Γαλλία (111,9%), στην Ισπανία (111,2%), στην Πορτογαλία (110,1%) και το Βέλγιο (106,0%) ενώ οι χαμηλότεροι στην Εσθονία (18,5%), τη Βουλγαρία (21,5%), το Λουξεμβούργο (28,2%), τη Δανία (30,2%) και τη Σουηδία…

[skandaladiaplokidiafthora]

Success Story Μητσοτάκη: Η Ελλάδα έχει το μεγαλύτερο χρέος προς ΑΕΠ στην Ευρώπη [Eurostat]

ΕΛΛΗΝΙΚΟ ΧΡΕΟΣ – EUROSTAT – ΑΕΠ Οι υψηλότεροι δείκτες του δημόσιου χρέους προς το ΑΕΠ στο τέλος του δεύτερου τριμήνου του 2023 καταγράφηκαν στην Ελλάδα (166,5%), στην Ιταλία (142,4%), στη Γαλλία (111,9%), στην Ισπανία (111,2%), στην Πορτογαλία (110,1%) και το Βέλγιο (106,0%) ενώ οι χαμηλότεροι στην Εσθονία (18,5%), τη Βουλγαρία (21,5%), το Λουξεμβούργο (28,2%), τη Δανία (30,2%) και τη Σουηδία…