RBSC

Collapse

Announcement

Collapse
No announcement yet.

The 15 Countries Buried Under The Most Debt

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
  • #1

    The 15 Countries Buried Under The Most Debt

    #7 Jamaica
    Debt outlook: Jamaica's debt burden grew between 1996 and 2003 when the island nation's financial sector took a hit and a drought hurt its agricultural production. The country introduced the Jamaica Debt Exchange (JDX) program to restructure its domestic debt. Recent reports suggest that public debt has soared to 140% of GDP.
    2010 debt ratio estimates provided by CIA and Eurostat. CDS pricing as at July 13 provided by CMA Datavision via Bloomberg.


    Read more: http://www.businessinsider.com/count...#ixzz1SHgoZlQ0
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)
    Tags: None
  • #2
    You are not thinking our debt burden is decreasing...are you?
    "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

    Comment

    • #3
      Originally posted by Karl View Post
      You are not thinking our debt burden is decreasing...are you?
      how yuh reach that ASSumption?
      "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

      Comment

      • #4
        Not all debt is created equal...

        Comment

        Previous template Next
        Working...
        X