this post was submitted on 28 Nov 2023
1153 points (95.5% liked)
memes
10314 readers
1596 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Venezuela hasn't been socialist for a while. I don't see their workers owning the means of production.
Venezuela and Japan have the highest, but you forgot to mention the United States is 12th -"While the U.S. boasts the highest GDP in the world,, it nonetheless spends more than it earns. Major contributors to the national debt include the world's largest military budget, tax cuts (which reduce government income and rarely result in a corresponding increase in economic growth), COVID-19 relief efforts, and mandatory-but-underfunded programs such as Medicare."
Brunei and Afghanistan have the lowest. You need a better metric to make your pro neo liberal take💀
Source - https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country
Well... debt/GDP ratio and its effects depends on how well are you able to service the debt and how much is the confidence on GSecs... P.S. Japan is considered one of the safest when it comes to GSecs