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GOOD question, the answer is YES. the why am not as sure about, size, age or a brighter population?Is there a country in the world that does not run on a deficit?
Is there a country who brings in more revenues than expenditures n any calendar year. Is there a country who is even close?
The answer is no unless you count Hong Kong or Macau which are not really independent countries.GOOD question, the answer is YES. the why am not as sure about, size, age or a brighter population?
FYI - Russia is a Communist country. It sounds like you are a fan of Communism.Russia . Of course
The Banana Republic of USA was and remains bankrupt
Two years ago
--- Kremlin can now easily pay off all its debts - if it suddenly needed to. As of August 1, the country’s total debt (the state’s external and domestic debts) was 16.2 trillion rubles ($248 billion) or 15 percent of GDP, which is a little less than the amount of cash in Russia’s deposits with the Central Bank and commercial banks - 17.6 trillion ($269 billion) or 16.2 percent of the GDP.
In 2017, total global debt reached an all-time high of $184 trillion (225 percent of global GDP) or, in per capita terms, $86,000 of debt per person on the planet. The top three borrowers in the world - the U.S. (256 percent of GDP), China (254 percent of GDP), and Japan (395 percent of GDP) - accounted for more than half of global debt, exceeding their share of global output.
“As for Russia, in 2017, its debt was at 84 percent of GDP with 81.5 percent of it being commercial (or privately-owned) debt or, in per capita terms, $897 per person,” says Gaidar Gasanov, expert at the International Financial Center in Moscow. “Russia’s reserves have exceeded $500 billion for the first time this year, which means that the economy can ensure the stability of its national currency in case of new potential risks of sanctions in the future.
And you are an ass.FYI - Russia is a Communist country. It sounds like you are a fan of Communism.
From Washington to Biden the only time there has been a balanced budget and no debt at the same time was in Andrew Jackson's 2nd term.Is there a country in the world that does not run on a deficit?
Is there a country who brings in more revenues than expenditures n any calendar year. Is there a country who is even close?