Are there any countries that AREN'T in debt?

Actually like somebody mention is a few, now remember that is not the countries the ones that are indebted, is the population of citizens of the countries that are used as collateral of that debt, from the time the children are born.

Deuteronomy 15:1-4

Seven years and then release your debt with your neighbor. That'd be kind and rather different

originally posted by: Taupin Desciple
reply to post by gwydionblack

 

These are the only one's I could find. There may be more.

Leichenstein

Brunei

Niue

Palau

Macau

Don't know what they're doing, but they must be doing it right.



Peace

I wonder if these countries have central banks or not?

Does the government create the nations credit or do banks?

Do they have regimes friendly or hostile to the US?

Tax is word that is used to describe the interest on the money the govt borrows off the banks. It's becoming more wide spreadly known that banks create money out of thin air and banks can do it so can govt, or at least they could until they gave away that right to the banks and did not reserve the same right for the people they represent.

But then again perhaps their definition of 'represent' is different to ours.

They just use the word tax so you don't know its interest.

a reply to: marg6043

Are there any countries that AREN'T in debt??

I don't know but what I am curious about is the answer to the question; "to whom are we all in debt to"

It cant be each other because if that were the case we would just all agree to cancel out each others debt?

Perhaps its the mathematical effect of interest on borrowed money which is what most govts do?