Monday May 28, 2012

OLYMPICS

Athens Games delays fueled Greek debt: IOC chief

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  • -2

    Serrano

    "a national debt of over $457 bilion"

    Heck, that's nothing compared to the U.S. national debt of over $15 TRILLION.

  • 0

    Stonecoldsoba

    Heck, that's nothing compared to the U.S. national debt of over $15 TRILLION.

    So the national debt of the USA is about 30 times that of Greece. Well, the population of the USA is about 30 times that of Greece too so their national debts per capita are about equal. More significantly, perhaps, the US national debt is about equal to its annual GDP whereas that of Greece is about 1.5 times its annual GDP. (Based on the $457 billion quoted in the article, and figures from Wikipedia and usdebtclock.org)

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