4 ms·
In 2013 Greece had 177% debt/GDP and the Dutch (Netherlands) had 68%. http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=teina225&plu
by sandstrom 9y ago
In 2013 Greece had 177% debt/GDP and the Dutch (Netherlands) had 68%.
http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=teina225&plugin=1 http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&l...
- akvadrako 9y agoIt seems I have to repeat myself, but let me try again. I think you're missing the whole point of IPSAS - "real debt" isn't the absolute number owed at some point in the future. If I owe you $1B, due a zillion years from now, I'm not really in debt $1B. The only reasonable way to measure debt is based on it's market value. That's because someone would be willing to trade that debt with me for owing about $1 a year from now. They are equivalent.