Breakdown of world debt by country. According to the IMF, total debt is $63 trillion, and the US is responsible for nearly one third of that amount. https://goo.gl/tH8q54 pic.twitter.com/KT91B9EQEJ
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Correction: the original diagram only shows debt owed by governments.
Thanks for the article. The last bit was interesting; it sounds as though our tax laws incentivise borrowing over ownership, effectively encouraging people to take on debt. Runs contrary to how I was brought up.
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