How much far you grow with this debt driven growth??
oh the last time i check,
China is a creditor nation
Rank Country External Assets
(in millions) External Liabilities
(in millions) NIIP
(in millions) NIIP
(in USD) Ref. Population Ref. Per Capita
(in USD) As of
1
Singapore[5] SGD 4,150,370.8 SGD 3,306,317.3 SGD 844,053.5 596,858,559,145
[6] 3,902,700
[7] 152,935
17
China[46]USD 6,218,905.405USD 4,622,452.390USD 1,596,453.0151,596,453,015,0001,367,820,000
[47]1,167Dec. 2015
while India-
is a top 10 Debtor nation
Rank Country External Assets
(in millions) External Liabilities
(in millions) NIIP
(in millions) NIIP
(in USD) Ref. Population Ref. per capita
(in USD) % of GDP As of
1
Cyprus[2] N/A N/A EUR -24,468 -29,361,000,000 1,140,000 -25,755 -139.8% 2014
2
Greece[2] N/A N/A EUR -222,323 -266,787,000,000 10,000,000 -26,678 -126.4% 2014
3
Portugal[2] N/A N/A EUR -196,053 -235,263,000,000 10,500,000 -22,406 -113.3% 2014
4
Spain[3] N/A N/A EUR -978,000 -1,091,000,000,000 46,400,000 -23,512 -90.5% 4Q 2015
5
Australia[4] - - AUD -1,043,300 -762,000,000,000 24,000,000 -31,758 -56.8% Sep 2016
10
India[8] INR 32,386,541 INR 55,135,141 INR -22,748,600 -361,079,000,000 1,275,000,000 -283 -18.0% Mar
despite both being developing economies and having around the same population.
hahahahahahaha