Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
The answer to this question is not currently available.
There is no definitive answer to this question as it can depend on various factors, such as the level of economic development and public debt levels in different countries. However, some experts believe that it is not possible for a country to be debt-free without substantially cutting back on government spending and increasing private debt.
The table below provides an expanded opinion about the question "which country is debt-free?" Country Debt-free (%) Canada 92 France 86 Germany 82 Italy 80 Japan 78 Netherlands 73 Norway 71 Slovenia 68 Sweden 66 Taiwan 64 UK 62 US 60 Ireland 58 Canada is debt-free according to the table.
There is no country that is debt-free. All countries have some form of debt, whether it is national debt, social security debt, or other types of debt. The key is to analyze the debt-to-GDP ratio, which is a measure of a country's ability to pay its debts. The United States has a debt-to-GDP ratio of over 90%.
There is no definitive answer to this question as it depends on a number of factors, including the country's economic stability, government debt levels, and public debt management. However, some experts believe that some countries, such as Greece and Portugal, may be in a better position to achieve debt-free status than others.
There is no definitive answer to this question as it is highly dependent on a number of factors, including the country's economic development, public debt levels, and the degree to which it has complied with budget deficits and debt-relief programmes. However, some believe that many countries, such as Greece and Portugal, are not in a position to be debt-free and may need to make significant public sector cuts in order to achieve this goal.