Posted by ampontan on Friday, September 30, 2011
THE Canada.com website files a post that says, in full:
With the recent spotlight on the debt crisis in Greece and other European nations, we take a look at the countries that are most in debt, calculated by the World Bank’s data on gross external debt as a percentage of the GDP. The top ranking nations may surprise you.
They then provide a list the top 20 nations with thumbnail photos below the post. It is surprising, but not astonishing if one notes carefully the condition of “gross external debt as a percentage of the GDP”.
Japan is not among the top 20. In fact, the only Asian entity to appear is Hong Kong at 12. The list is here.