Preach government debt ratio's till the cows come home emporor but in terms of household debt ours is the largest of the in the developed world at 105% of GDP (as of Q2 2011), more than double that of most European countries. Further, our financial debt is also on a par with the European core, and actually double that of the United States.
Preach government debt ratio's till the cows come home emporor...
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