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  #18  
Old 07-07-2016, 06:41 AM
Farzo Farzo is offline
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Join Date: Mar 2014
Posts: 1,289
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http://www.tradingeconomics.com/coun...nt-debt-to-gdp

In aus nissan (a japanese country) was using japanese 1% loans to offer 2% car loans in aus lol coz the cash rate in japan is so low to try help the economy.

If you pass 100% gdp essentially your living outside your means as a nation 100+gdp means you literally cannot afford to pay your debts off with what you as collect nation earns.