"US debt" - the worst myth of Russian propaganda

[DARPA]

Few enlightened the Russians, who live in poverty and to focus not want to think about the future of their country, but consider other people's debts. US debt in this case.

Myth: The United States has a huge debt, they live on credit, and soon their economies collapse.

"Quilted jacket" can put moisturizer for hands to the side - the US debt default will not happen, and the "golden ducat" will not become a world currency.

Here are the key points on which we must consider:

1. not compare the absolute values ​​of the debt and the ratio to GDP

Compare the US GDP - $ 17.7 trillion GDP Gas stations - $ 1.19 trillion.

So, in the US debt-to-GDP ratio of about 100%.

Not the most tragic in the world.

Ahead of US on this indicator countries such as Italy, Portugal, Japan, Ireland.

And with a statistical error of the same ratio of debt to GDP have countries such as France, Spain, Singapore, Belgium, Britain, Canada, etc.

It seems not a poor country.

2. Sometimes it is useful to look at the structure of the debt: the US government who actually sticks?

Oddly mostly to itself.

* 30% of the debt - this "debt" perevzyatye various governmental organizations from each other. For example, the social security fund, the fund war veterans, health care, etc.

* 37% of the debt owned by private companies and individuals: US citizens, investors, insurance companies, banks, state governments, etc.

* 33% - this is the most "foreign debt", which is owned by foreign governments.

That is only one-third of GDP.

3. But the external debt of the Russian Federation rather chubby - 50% of GDP, according to the report of the Central Bank

What you can learn by visiting the following link: external debt of the Russian Federation (the data is already podterty KGB - Russian terribly afraid of the truth, - oleg_leusenko)
And this is rubbish rating, economic crisis, dependent and unsustainable economy.

Yes, Russia has a small debt - 10% of GDP.

However, the peculiarity of Russia is that it has a huge amount of state-owned companies at depressed individuals.

Their debts make up the lion's share of external debt.

As a result, the external debts of these state-owned loss-making have a serious burden on the budget.

And the most ironic - Russia's foreign debt in foreign currency.

4. Remember the simple truth - take loans when they have something to give

The loans are given only to those who have a lot of money, and they can pay them in due time, not when there is no bubble and the credit rating of the trash.

What the United States does.

It has a high ability to pay a fine credit rating, the most profitable securities, and the most reliable and prosperous economy.

That is why all invest in the US economy.

All of these "debt" - is essentially an investment that pays dividends to all, so no one will sell US bonds to bring down the US economy.

Do not dream.

And most importantly - the US debt is diversified - two-thirds of their own loans from themselves.

Russia itself has already started to sell US bonds to nedopustit devaluation - but the world market have not noticed any fluctuations from this.