How can the USA be on top if it has a deficit? Information I can find (CNBC sep 2011) says that the USA has 'external debt' of 101.1% of GDP, which is roughly; $14.825 trillion !!
How can that still put them at number one? (Remember forget assets, 'value or reputation' etc - just money !)
How can the USA be on top if it has a deficit? Information I can find (CNBC sep 2011) says that the USA has 'external debt' of 101.1% of GDP, which is roughly; $14.825 trillion !!
How can that still put them at number one? (Remember forget assets, 'value or reputation' etc - just money !)