Concept
See also: List of countries by future gross government debtPublic debt is the most relevant data for discussions of government default and debt ceilings. Although of similar magnitude for the US (2010), it is different from external debt, which instead reflects the foreign currency liabilities of both the private and public sector.
The figures here are represented as a percentage of annual gross domestic product. The public debt relative information provided by national sources is not always objective and true, given the fact that there is no independent research in these matters.
Read more about this topic: List Of Countries By Public Debt
Famous quotes containing the word concept:
“The new concept of the child as equal and the new integration of children into adult life has helped bring about a gradual but certain erosion of these boundaries that once separated the world of children from the word of adults, boundaries that allowed adults to treat children differently than they treated other adults because they understood that children are different.”
—Marie Winn (20th century)
“There is a concept that is the corrupter and destroyer of all others. I speak not of Evil, whose limited empire is that of ethics; I speak of the infinite.”
—Jorge Luis Borges (1899–1986)
“The concept of a mental state is primarily the concept of a state of the person apt for bringing about a certain sort of behaviour.”
—David Malet Armstrong (b. 1926)