The intention of this blog is only to share the collections. Inadvertently if any file is under copyright, please intimate me so that it can be removed forthwith.

Saturday, October 1, 2011

worlds largest debtor countries from

The World's Biggest Debtor Nations
Source: External Debt information from The World Bank, GDP information
from the CIA World Factbook.
Throughout the financial crisis, many national economies have looked to their government and
foreign lenders for financial support, which translates to increased spending, borrowing and in most
cases, growing national debt.
Deficit spending, government debt and private sector borrowing are the norm in most western
countries, but due in part to the financial crisis, some nations and economies are in
20. United States - 101.1% ,External debt (as % of GDP): 101.1% Gross
external debt: $14.825 trillion
19. Hungary - 120.1%,External debt (as % of GDP): 120.1%
Gross external debt: $225.24 billion ,2009 GDP (est): $187.6 billion
External debt per capita: $22,739
18. Australia - 138.9%External debt (as % of GDP): 138.9%
Gross external debt: $1.23 trillion 2010 GDP (est): $882.4 billion
External debt per capita: $57,641
17. Italy - 146.6%.External debt (as % of GDP): 146.6%
Gross external debt: $2.602 trillion ,2010 GDP (est): $1.77 trillion
External debt per capita: $44,760
16. Spain - 179.4%,External debt (as % of GDP): 179.4%
Gross external debt: $2.46 trillion ,2010 GDP (est): $1.37 trillion
External debt per capita: $60,614
15. Greece - 182.2%,External debt (as % of GDP): 182.2%
Gross external debt: $579.7 billion ,2010 GDP (est): $318.1 billion
External debt per capita: $53,984  14. Germany - 185.1%,External debt (as % of GDP): 185.1%
Gross external debt: $5.44 trillion ,2010 GDP (est): $2.94 trillion
External debt per capita: $51,572
13. Portugal - 223.6%,External debt (as % of GDP): 223.6%
Gross external debt: $552.23 billion ,2010 GDP (est): $247 billion
External debt per capita: $51,572
12. France - 250%,External debt (as % of GDP): 250%
Gross external debt: $5.37 trillion ,2010 GDP (est): $2.15 trillion
External debt per capita: $83,781
11. Hong Kong - 250.4%,External debt (as % of GDP): 250.4%
Gross external debt: $815.65 billion ,2010 GDP (est): $325.8 billion
External debt per capita: $115,612
10. Norway - 251%,External debt (as % of GDP): 251%
Gross external debt: $640.7 billion ,2010 GDP (est): $255.3 billion
External debt per capita: $137,476
9. Austria - 261.1%,External debt (as % of GDP): 261.1%
Gross external debt: $867.14 billion ,2010 GDP (est): $332 billion
External debt per capita: $105,616
8. Finland - 271.5%,External debt (as % of GDP): 271.5%
Gross external debt: $505.06 billion ,2010 GDP (est): $186 billion
External debt per capita: $96,197 7. Sweden - 282.2%,External debt (as % of GDP): 282.2%
Gross external debt: $1.001 trillion ,2010 GDP (est): $354.7 billion
External debt per capita: $110,479
6. Denmark - 310.4%,External debt (as % of GDP): 310.4%
Gross external debt: $626.1 billion ,2010 GDP (est): $201.7 billion
External debt per capita: $113,826
5. Belgium - 335.9%.External debt (as % of GDP): 335.9%
Gross external debt: $1.324 trillion ,2010 GDP (est): $394.3 billion
External debt per capita: $127,197
4. Netherlands - 376.3%,External debt (as % of GDP): 376.3%
Gross external debt: $2.55 trillion ,2010 GDP (est): $676.9 billion
External debt per capita: $152,380
3. Switzerland - 401.9%,External debt (as % of GDP): 401.9%
Gross external debt: $1.304 trillion ,2010 GDP (est): $324.5 billion
External debt per capita: $171,528
2. United Kingdom - 413.3%,External debt (as % of GDP): 413.3%
Gross external debt: $8.981 trillion ,2010 GDP (est): $2.173 trillion
External debt per capita: $146,953
1. Ireland - 1,382%,External debt (as % of GDP): 1,382%
Gross external debt: $2.38 trillion,2010 GDP (est): $172.3 billion
External debt per capita: $566,756  The US National debt is staggering: $11.896 trillion. There are widespread calls
inside and outside the United States to reduce the country's debt, fueled by fears
ranging from the rising tide of inflation to the possibility that the dollar will lose its
privileged position as the world's reserve currency.
But how bad is it, really?
There is no doubt that the US national debt is in dire straits and getting
increasingly out of control; ballooning over 100% since 2000, when it was a
mere $5.75 trillion. But despite steadily increasing debt levels, individuals and
countries around the world continue to maintain a high demand for US debt,
hinging their confidence on the strength of the American taxpayers and
government revenues generated by the country's economic activity.
On a surface level it may seem like the United States' debt position, the biggest
in the world, is also the worst. But when the numbers are looked at on a more
relative basis, the total amount of debt owed by the US, although still quite
high, seems more reasonable than that of other nations... at least for now.
One way to look at a nation's debt situation is by comparing external debt - the
combined total of liabilities, plus interest, that corporations, private citizens and
the government owe to entities outside their borders - to that country's GDP, a
comparison called the debt-to-GDP ratio. By comparing what a country owes to
what it produces, a picture forms of how likely or unlikely a country as a whole
will be to pay back its debt.
"External debt is more worrisome and important than public debt, as public debt
is generally recycled back into the economy," says Josh Bivens, Economist at
the Economic Policy Institute who has studied the long-term trends of national
debt positions. "With US government debt, a majority of interest payments go to
US citizens and money stays within the country. External debt represents pure
'leakage' out of the United States and is money that citizens will not have
because they've borrowed it in the past."
"External debt creates a much bigger hole than public debt," he adds, "for public debt it is hard to say which generation is being particularly harmed... but
for external debt, it is pretty clear cut; you're giving away future income to
support today's standard of living. You can't really say that about public debt."
But who should be concerned? Residents of the country, first and foremost, says
Bivens. A massive external debt could possibly trigger an exchange rate
devaluation, especially if a country relies heavily on imports, creating a
situation where money will be more difficult to tax in the future, debts will be
more difficult to repay with less valuable currency and issues of fiscal
sustainability arise.
However, there is really no single "danger" level for having too much external
debt as a percentage of GDP, and this depends much more on the country's
economic context. If a country has seen a rise in its debt compared to GDP
during a good economic expansion, this means something is really wrong and
policies will have to change, Bivens says.
Out of the world's 75 largest economies, the United States has the 20th largest
as debt-to-GDP ratio, standing at 94.3%, with a gross external debt of $13.454
trillion and an annual GDP $14.26 trillion. In fact, out of the largest 75
economies, this number is just above the worldwide average of 90.8% WesternEuropean and North American countries dominate the upper end of the
spectrum, with Switzerland (422%) and the United Kingdom (408%) at the #2
and #3 spots, respectively, and Ireland representing the most drastic debt-toGDP ratio. According to the most recent World Bank data, Ireland's number
stands at a staggering 1,267%.
So, relatively, the United States' debt isn't all that bad.
The current analysis was limited to the 75 largest economies in order to dismiss
outliers existing simply due to their size, as small countries like Monaco or
Luxembourg have disproportionate debt-to-GDP ratios of 1,850% and 4,910%
respectively. The first time this analysis was published on, it stirred angst from
Ireland over the numbers, as the country was a significant outlier in the final
data. A further breakdown of the country's external debt data, provided by the
World Bank, shows that a significant proportion of the country's external debt is
represented by the country's banking sector, accounting for approximately
$976.48 billion. The argument is that the country's International Financial
Services Center (IFSC) "lends almost nothing to the domestic Irish economy,"
according to the Irish Sunday Tribune.
However, to get a true apples-to-apples comparison, data from the World Bank
as well as external debt estimates by the US Government were used, numbers
which take into account this lending facility and any given country's banking
system as components of the overall debt number.
With the Irish government itself forecasting a contraction in GDP of 8.3%, the
debt-to-GDP ratio will likely continue to increase, even without additional
foreign investment. The biggest difference in these numbers, however, is that
the Irish taxpayers are only responsible (directly or indirectly, as in most
countries) for a portion of the debt responsibilities. But even if the banking
sector is removed from the total external debt number, Ireland would still have
a 748% debt-to-GDP ratio, keeping the country at the top spot.
Take into consideration another nation with a troubled debt-to-GDP ratio:
Iceland. According to the country's central bank, Iceland's external debt was
measured at $104.44 billion in Q2 2009. With a GDP of $10.46 billion, that's a
debt-to-GDP ratio of 998.5%. The Icelandic economy was the hardest hit out of
any in the financial crisis, and although the country's external debt was not
solely to blame, it had a major hand in the country's downward economic spiral,
and when combined with a dramatic drop in the value of its currency, resulted in
a near-government bankruptcy. In comparison, notable countries which have extremely low debt-to-GDP ratios
are Brazil (13%), Singapore (10.7%), China (4.7%) and India (4.6%), with the
lowest ratio boasted by Algeria, at 1.2%. Too low a ratio may not necessarily be
a good thing either, and could reflect a combination of lacked foreign
investment, low confidence in the nation's finances or the absence of debtfunded growth and investment policies by the national government. Bivens
points out that the tendency for emerging market economies to have low
external debt levels is counter-intuitive, as these are the places where marginal
investment is high, you should see net lending from rich countries to poor
countries, not the other way around.
Although the perspective of debt-to-GDP can be a revealing way to understand
the sustainability of a country's debt position, the future of a country's external
debt relies on both domestic economic policy and the ability of an economy to
attract foreign investments. The debate continues over whether there exists a
realistic way to pay off these rapidly increasing levels of government and
private debt, but one thing is clear: if we have learned anything from the global
economic crisis, the policy of taking on excessive debt cannot be perpetually
sustained, no matter the size of a debtor nation's domestic economy.
© 2011

Sent by Mr. Murlidhar Chaturvedi saying ,compared to 22 nations compared in this document india is far better in external debt,if you belive CNBC

Anonymous Anonymous said...

There's the beauty of modern economics. Countries with ENORMOUS UN-servicable debts are Rich, of first world, blah..blah.. Whereas, countries that spend within limits are poor and third world. Great!!

I got to go, I need to borrow 10 bucks from my neighbor who borrowed 20 from me earlier!
October 3, 2011 12:50 AM

Anonymous Anonymous said...

No really. you are top class if you have guns and can bomb the **** out of others. Might is right thats all. Another option to be world class is to have a militia population just like Swiss. Nobody even hitler dared to go in there. All have guns.
November 9, 2011 4:53 PM

Concert - O.S. Arun

  1. Sri ganapathini - Sourashtram 
  2. Raamabadra raa raa - Kurinji 
  3. Ninnu nera namminanau - Kaamavardhini 
  4. Aloka thulasi - Bhairavi 
  5. Brova baarama - Bahudaari 
  6. Dasaratha raama 
  7. Raam ratan dhan payo - Bhajan 
  8. Bega baaro neela mega 
  9. Thamboori meettidava 
  10. Raadhe Radhe 
  11. Chalo man ganga yamuna 
  12. Thunga theera vijaaram 
  13. Bho shambo shiva sambo 
  14. Naale nalla naal 
  15. Ek mantra japati raho 
  16. haa raaghavaa 
  17. Mangalam
Courtesy :

...that it is not necessary to "prove yourself" to anyone.

Do your best. That's all you can ask of yourself. If you
did your best and things just didn't work out, you don't
owe an apology to anyone. And you certainly don't
need to feel 'bad' about it -- or, worse yet, guilty.

Stop beating yourself up. What happened is what
happened. You're not the 'villain' here, I promise. It's
just what happened. And there is a Soul Reason, I
promise you.

Blogger kvchellappa said...

ramabhadra ra ra is in Ananda bhairavi?
October 2, 2011 5:07 PM

Can we take coffee like this?

COFFEE - 3 Tricks to Make it Super-Healthy
by Mike Geary, Certified Nutrition Specialist, Certified Personal Trainer
Author of best seller:  The Truth About Six Pack Abs

Mmm, coffee... almost everybody drinks it... some people have 3-4 cups per day or more.

But most people don't think of it as a "health drink".  And it's certainly NOT healthy the way most people make it with loads of added sugar or artificial sweeteners and artificial creamers.

But I'll give you my tips here on how I make a healthier cup of coffee and what to watch out for...

First, you may have seen debate in the past about how coffee has some compounds in it that could have negative health effects such as some tars or other possibly inflammatory compounds in brewed coffee.  But, the good news is that coffee has such high concentrations of beneficial antioxidants, phenolic nutrients, and other good compounds, that it counteracts the bad compounds.  Also, this article here shows various studies that prove coffee reduces risk of many common diseases.

So what's the best way to make a healthy cup of coffee?  Well, here's my 3 most important tricks to maximize the benefits of coffee and minimize the negatives:

1.  First of all, you need to AVOID adding any refined sugar or harmful artificial sweeteners.  What I do instead is use either a very small touch of organic maple syrup or a half packet of natural stevia to just lightly sweeten my coffee.  If you like your coffee black with no sweetener at all, that's the healthiest way.

If you're getting your coffee at a coffee shop, make sure to avoid all of those fancy specialty coffees (lattes, frappuccinos, etc) as they are almost ALWAYS loaded with extra sugars or artificial sweeteners.  Some of those fancy coffee drinks at Starbucks or other coffee shops can have 300-400 calories in just one coffee!  Definitely not good for your body.

2.  You also need to AVOID any of those crappy artificial creamers (liquid or powder), which are usually made with corn syrup solids and hydrogenated oils (harmful trans fats).  Instead, use a little bit of REAL cream (organic grass-fed if you can find it).

Or, better yet, what I've been using for a while now is coconut milk/cream as a much healthier creamer alternative.  I get this by buying cans of organic coconut milk, and then after opening the can (shake the can well before opening), I store the coconut milk in the fridge in a container.  Note that the cans of coconut milk are much creamier and better as a coffee creamer than those cartons of "coconut milk drink" which are just watered down coconut milk.

The thick creamy coconut milk is the healthiest option for coffee creamer because it's loaded with super healthysaturated fats called medium chain triglycerides (MCTs), which boost your immune system and your metabolism!  Plus, coconut milk in coffee is just plain delicious!  It's the best healthy creamer option by far.

3.  If you want to load your coffee up with more healthy antioxidants and good taste, consider trying some added cinnamon to your coffee (cinnamon can help control blood sugar and has many other health benefits).  It's also really tasty in coffee!
I also sometimes like to add a teaspoon of organic cocoa powder (non-sweetened) to my coffee to make my own sort of mocha coffee (but without the loads of sugar in a typical mocha you'd get at the coffee shop).  The added cocoa powder also gives you great taste and a good dose of extra healthy antioxidants (and cocoa is also known for helping to lower blood pressure!)
I personally only drink coffee about 3-4 times per week, because I'm sensitive to caffeine and don't want to get addicted to caffeine like some people are.  I see people that drink 3-4 cups per day that get a massive headache if they don't have their daily coffee due to caffeine withdrawal.  I choose to avoid this addiction by only drinking it about 3-4 times a week, and I drink various teas most other days, which are much lower in caffeine.

But despite the caffeine content, there is loads of data that show health benefits to coffee.  Make sure to read this article about the unique compounds in coffee that can improve your health and reduce your risk of disease.

Blogger Jan said...

Almost makes me wanna drink coffe the way you describe it with the coconut milk...Would be far better than coke....
October 2, 2011 10:03 AM

Anonymous Erin Maureen said...

Never thought about adding coconut milk. Sounds way better than my watered down skim...
October 2, 2011 6:31 PM

Blogger Bongo said...

No one is taking my coffee and artificial sweetener from me..LOLOL..As always...XOXOXOXO
October 3, 2011 6:19 AM

OpenID forjenssake said...

Interesting I will have to try this once I replace my coffeemaker. I have been meaning to change to coconut oil for cooking too.

Cinnamon is great for helping to stabilize blood sugar but, it also increases appetite. Something people with blood sugar/insulin issues need to be aware of and keep track of.

When I was on my calorie restricted diet I drank my coffee black, sugar and creamer definitely is a coffee drinkers downfall.
October 3, 2011 11:11 AM

Blogger Roy Durham said...

more coffee, as with all foods moderation is the best way to stay healthy. i drink mine black. god bless
October 3, 2011 4:04 PM