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Egypt’s debt to GDP ratio is falling and is lower than the USA. https://www.statista.com/statistics/377984/national-debt-of-egypt-in-relation-to-gross-domestic
by dangus 2y ago
Egypt’s debt to GDP ratio is falling and is lower than the USA.
https://www.statista.com/statistics/377984/national-debt-of-egypt-in-relation-to-gross-domestic-product-gdp/ https://www.statista.com/statistics/377984/national-debt-of-...
- resolutebat 2y agoThat's a pretty low bar, and more importantly, Egyptian debt is by and large not in Egyptian pounds, meaning they can't just print their way out of trouble.
- bobthepanda 2y agoThe middle of the graph, the peak, is the current year. It has not started falling yet, and it won’t particularly if they keep announcing new projects.