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 concept of a person is logically prior to that of an individual consciousness. The concept of a person is not to be analysed as that of an animated body or an embodied anima.”
—Sir Peter Frederick Strawson (b. 1919)
“Terror is as much a part of the concept of truth as runniness is of the concept of jam. We wouldnt like jam if it didnt, by its very nature, ooze. We wouldnt like truth if it wasnt sticky, if, from time to time, it didnt ooze blood.”
—Jean Baudrillard (b. 1929)
“Revolution as an ideal concept always preserves the essential content of the original thought: sudden and lasting betterment.”
—Johan Huizinga (18721945)