The global debt clock

Discussion in 'Economy & Infrastructure' started by Rahul92, Sep 8, 2012.

  1. Rahul92

    Rahul92 Senior Member Senior Member

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    World debt comparison: The global debt clock | The Economist

    Debt is a major problem afflicting almost all major economies. It arises when a country's government runs up expenditure which is greater than its revenues; the difference is called deficit.

    To fund this deficit, the country has to borrow, either from internal sources or from external bodies (like foreign banks). This borrowing is called debt.

    So, what is the size of total debt of different nations, especially India? The Economist has an interactive graphic on government debt.

    Go this site for the interactive clock World debt comparison: The global debt clock | The Economist
     
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