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the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[-] Varven@lemmy.world 1 points 5 months ago
[-] toddestan@lemm.ee 4 points 5 months 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.

this post was submitted on 07 Jun 2024
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