Of course the real debt is multiples of the official public debt.
In this case, the loss becomes part of the official debt owed to the country that issued the guarantee, essentially transforming a private loan into a public debt.
The US official national debt doubles approximately every eight years.
Today, the national debt is 14 times larger and the years ahead look absolutely apocalyptic at this point.
Right now, the U.S. has official government debt of $17 trillion.
Iran - Average maturity on new external debt commitments, official (years)
Average grant element on new external debt commitments, official (%)
Average grant element on new external debt commitments, official (%)
Average interest on new external debt commitments, official (%)
Average interest on new external debt commitments, official (%)
Average grant element on new external debt commitments, official (%)
Ghana - Average maturity on new external debt commitments, official (years)
Iran - Average maturity on new external debt commitments, official (years)
We have all these unofficial debts that are massive compared to the official debt.
We have all these unofficial debts that are massive compared to the official debt.
We have all these unofficial debts that are massive compared to the official debt ….
We have all these unofficial debts that are massive compared to the official debt.
This is why the government must continuously raise the official debt ceiling.
We have all these unofficial debts that are massive compared with the official debt.
We have all these unofficial debts that are massive compared with the official debt.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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