Worlds Debt. Something I put together in my free time, found it pretty interesting. Sorry for the size..
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Worlds Debt

Something I put together in my free time, found it pretty interesting.
Sorry for the size.

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Views: 23194
Favorited: 97
Submitted: 01/25/2013
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User avatar #133 - laky (01/26/2013) [-]
Call me an idiot, but that's why I don't care about money. Like as long as I have a roof over my head, food in my belly, money to support my hobbies, maybe a bit of traveling and a job I enjoy I'll be content.
#135 to #133 - anonymous (01/26/2013) [-]
Idiot.
#130 - TheRealNinjaa (01/26/2013) [-]
Those Martian Bailiffs will be here soon!
#129 - anonymous (01/26/2013) [-]
But i still aint paying those god damn three fiddy to you, god damn Loch Ness monster.
#120 - thewalruss (01/26/2013) [-]
**thewalruss rolled a random image posted in comment #301298 at Friendly ** yo mama's debt.
#117 - PieBraproductions (01/26/2013) [-]
Am I the only one who wonders who the WORLD is in debt to?
User avatar #126 to #117 - Ruspanic (01/26/2013) [-]
The world isn't in debt to any one entity, that's a sum of the debt held by all the world's nations.
User avatar #128 to #126 - PieBraproductions (01/26/2013) [-]
i know that, i just wanted to state that the world has no debt at all... its just the people who live on earth that are in debt to each other.
User avatar #115 - dawggz (01/26/2013) [-]
we owe 49 trillion dollars...

to who ?
User avatar #122 to #115 - thewalruss (01/26/2013) [-]
To other countries, or to the WB.
User avatar #123 to #122 - dawggz (01/26/2013) [-]
No, man. We are HUMANS on THIS PLANET and we owe the money TO WHO ?
User avatar #125 to #123 - thewalruss (01/26/2013) [-]
To our selfs... I don't know man, I didn't study economics..
User avatar #132 to #125 - dawggz (01/26/2013) [-]
... exactly, you don't need to study friggin economy to see what I wrote there for peak's sake.
User avatar #136 to #132 - thewalruss (01/26/2013) [-]
Well, I think that "world debt stadistic" is the sum of each country's own debt.
#113 - wazapdude (01/26/2013) [-]
I thought America was at 16 trillion dollars.
#112 - rothingham (01/26/2013) [-]
Well, technically the "World dept" is zero...   
						****					 cancels out.   
Just saying   
I'm so going down for saying this   
<- bring it on bitches!
Well, technically the "World dept" is zero...
**** cancels out.
Just saying
I'm so going down for saying this
<- bring it on bitches!
User avatar #114 to #112 - wazapdude (01/26/2013) [-]
there was a study or something along the lines of that[normal][normal] where the calculated all the money being paid back and the results said there was still debt to be paid off.
#111 - anonymous (01/26/2013) [-]
Some of you guys seem smart, and I'm not so if you could answer questions that'd be great.

If everyone owes eachother money, why don't they all just write off all the debts? Why are they sticking to their guns on getting paid back?
#134 to #111 - anonymous (01/26/2013) [-]
It is impossible for net debt on planet earth to be anything other than zero... unless we are doing business with aliens. This is because behind every loan made on planet earth there is a lender and a borrower. Total amount borrowed must equal total amount lent, thus net debt is zero.

Also, viewing debt as unequivocally bad is asinine. Debt allows humans to spend more at a point in time than their income allows. For example, the vast majority of college students are in debt becausse they are investing in their futures. Ultimately, the majority of these students will, in fact, have better futures which benefits them and society.

The important question is why each country shown in this post is incurring debt. Is the U.S., for example, in debt because it is investing in the education of its citizenry? If so, then this is probably a wise and profitable reason for going into debt. Alternatively, is the U.S. incurring debt to finance the purchases of fancier houses? If so, future credit card bills will be a detriment to future generations. Debt can be good and it can be bad.
#110 - cometfire (01/26/2013) [-]
This actually makes me want to throw up..
This actually makes me want to throw up..
#108 - anonymous (01/26/2013) [-]
You need to take a course in economics. Expressing debt as an absolute is highly inappropriate. Instead, debt should be a percentage of the country's ability to repay the debt (e.g., percentage of GDP). Also, it is wonderful thing that the "world is in debt" because this necessarily means human beings are saving and investing. And you obviously are not considering net debt... because, as a previous comment indicated, who is the world in debt to? The **** apes? In summary, you posted a bunch of bull **** .
User avatar #105 - kinglobster (01/26/2013) [-]
who is the world in debt to?
User avatar #131 to #105 - laky (01/26/2013) [-]
World Banks and sometimes other countries. Like i Don't mean like TD Canada trust bank, but like BIG ******* banks that make loans countries for bridges, military, and other big projects.
User avatar #118 to #105 - mankey (01/26/2013) [-]
Those mother ******* loan shark martians! They say if we don't pay they'll come round and break out ice caps.
#103 - thelegitmetalhead (01/26/2013) [-]
Mfw all that debt in the last image
Mfw all that debt in the last image
#102 - rikeshwalter (01/26/2013) [-]
Great I love these I hope you will allow us to suckle upon your tit or good content?
User avatar #101 - beatmasterz (01/26/2013) [-]
I'm sorry guys, but how can you people not know how our current economic situation is? Don't you watch the news or read the papers? We borrow money from banks, who borrow it from other banks and so on. That way a lot of money is given to countries which doesn't exist.
User avatar #98 - crazyanimal (01/26/2013) [-]
so who isnt in debt?
#104 to #98 - nagafever (01/26/2013) [-]
i'd check norway
User avatar #91 - JoeTheRoosterTwo (01/26/2013) [-]
I still can't understand, who is the world in debt to? The **** apes?

Money is just a human creation so surely there must be a way to deal with the "debt"
User avatar #100 to #91 - beatmasterz (01/26/2013) [-]
They're in debt to banks, who lend them money which doesn't exist. And that's the big problem.
#90 - anonymous (01/26/2013) [-]
In that case, who the **** are we in debt to?
User avatar #96 to #90 - biporch (01/26/2013) [-]
Get it?
Capitalism.
#89 - anonymous (01/26/2013) [-]
actually most of the worlds money is created by private owned banks, through loans and morgages
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