SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (87073)9/29/2007 8:00:22 AM
From: orkrious  Respond to of 110194
 
no wonder the Canada Dollar is up 20%+ just this year!

I take my son skiing every Christmas at Whistler. When I started going the Loonie cost me 70 cents. The cost of this year's trip (excluding airfare of course) has already gone up 6 percent since I booked it.



To: westpacific who wrote (87073)9/29/2007 9:46:44 AM
From: KyrosL  Read Replies (2) | Respond to of 110194
 
Here is a list

en.wikipedia.org

According to this Canada's ratio as of 2006 was slightly more than the US. Could be that this number also includes province debt as well as federal. I know the US debt is federal only. So the list may not be consistent.

Anyway, among western countries, the one with the best debt to GDP ratio is Australia, at 14%. And they don't even have as much energy as Canada. But they obviously are doing a great job managing their finances. I believe their ratio also includes their state debts as well as federal, since the last I read they have paid off all of their federal debt years ago. Additionally, their social security is based on a real investment fund that contains equity investments from around the world. They are way ahead of America in this.

Some other countries on the list are also interesting. Russia has almost paid off all its debt with its oil profits. Less than ten years ago they defaulted on their debt, while we were on our way to surpluses as far as the eye can see. How the world changes ...



To: westpacific who wrote (87073)9/29/2007 11:42:26 AM
From: bart13  Read Replies (2) | Respond to of 110194
 
I only track debt from a few countries, but the CIA Factbook has both public debt/GDP data at
cia.gov
and external debt (raw, not by GDP) at
cia.gov

Here's a link with external debt/GDP but the data appears to be from 2005 and 2006. Its sourced from the Factbook.
nationmaster.com

The main reasons I don't track it is that the data quality seems questionable from the various sources I've checked, and just plain lack of time. Japan for example seems way too low.