confu2000 Question : all countries are in debt who owns this debt if all countries are in debt? it seems that we are all paying money to each other, while borrowing from each other to finance the debt .. that makes no sense to me. I’m wondering if this system is good or bad, or if you fail .. just trying to understand this concept. thankyou! http://en.wikipedia.org/wiki/List_of_countries_by_external_debtMiglior response: response
by Jac hat
international financiers are they do not have membership
What do you think? Answer below!
In 2008, after the birth of her first child, Baker and his wife decided to sell everything owned, pay consumer debt, and spend a year of foreign travel as a family. They began to share their journey in early 2009 on Man vs. Debt blog, now 15000 subscribers strong. In sharing their ups and downs in the areas of personal finance, consumerism, clutter, travel, minimalism, passion and entrepreneurship, they realized that they are not alone in a desire to explore and grow. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. During a TEDx event, TEDTalks video and live speakers combine to evoke a deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized. * (* Subject to certain rules and regulations) Video Rating: 4/5