Is Usa The Poorest Country In The World?
I heard that this nation is now bankrupt a top British economist says that it is in Trillions of dollars of debt and that its only foreign countries investment is the country that keeps it afloat. Should we stop referring to the USA as the only superpower as it is so poor?
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Tags : Country, Poorest, World
No. Every time in history for a hundred years, those around the world that oppose human liberty have crowed any time America runs into difficulties. Each time they have pronounced us a failed society.
September 29, 2009 3:38 pm | #1And we prove them wrong every time. This one will be no diffeent. That’s the difference between Americans and these cynics. They are losers. When times get tough–Americans just get tougher.
We make mistakes. We have reverses. But in the end–we win through. Always.
heres the poorest countries in the world based on GNP per capita based on (PPP)
September 29, 2009 4:10 pm | #2Rank Country
1 Malawi
2 Somalia
3 Comoros
4 Solomon Islands
5 Congo, Democratic Republic of the
6 Burundi
7 East Timor
8 Tanzania
9 Afghanistan
10 Yemen
Heres the richest based on GNP per capita based on (PPP)
Rank Country
1 Luxembourg
2 Equatorial Guinea
3 United Arab Emirates
4 Norway
5 Ireland
6 United States
7 Andorra
8 Iceland
9 Denmark
10 Austria
I once read that in zimbabwe a loaf of bread costs 20 million zimbabwean dollars as there economy and currency is so screwed up. Just googled it lol an egg costs ZW$50 billion (GBP 0.17, USD 0.32),
USA is still one of the richest countries in the world, and people should think themselves lucky, things could be worse
******IN ANSWER TO YOUR ADDITIONAL INFO ***********
The list i have first given is based on GNP per capita based on global purchasing power parity (PPP). This represents the statistic converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power in a given country as a U.S. dollar has in the United States.
If you want to see it based on GNP per capita alone then here you go
1 Luxembourg … $56,380
2 Norway … $51,810
3 Switzerland … $49,600
4 United States … $41,440
5 Denmark … $40,750
6 Iceland … $37,920
7 Japan … $37,050
8 Sweden … $35,840
9 Ireland … $34,310
10 United Kingdom … $33,630
NOTE:
GNP per capita is the most widely accepted index for a country’s financial success. Also referred to as Gross National Income, this much publicized statistic represents the total amount of money that a country’s consumers spend on all goods and services in a year, divided by that country’s population.
GNP per capita only counts consumption that can be measured in money. Therefore GNP statistics cannot capture the true quality of life in a country, nor do they necessarily define the best nations in the world. GNP per capita does tell a general story about a country’s overall wealth – one that should be taken with a grain of salt and without stereotyping the living standard for all citizens.
Africa is a continent you dumb a55es
September 29, 2009 4:16 pm | #31. don’t believe everything you read/hear
September 29, 2009 4:28 pm | #42. how on earth do u imagine anyone could keep track of the entire USA’s assets and financial status (IT CHANGES EVERY SECOND)
3. Just because they are in debt doesn’t make them poor JEES every country is in debt one way or another.
You are actually listening to a outsider? We are not as bad as other countries. Yes, we have trillions in debt, but we also have the largest GNP to back up that debt.
September 29, 2009 4:50 pm | #5It doesn’t matter how much your debt is, the question is can you afford the repayments and the USA can. It’s like taking out a mortage as long as you can afford to repay it your fine.
September 29, 2009 5:14 pm | #6no,since the debt is not actual money we owe nothing but thin air. what we need to do is go back to gold and silver and screw the international bankers and their made up monopoly money
September 29, 2009 5:49 pm | #7USA got screwed in the financial crisis tks to Bush. Hopefully, Obama will fix this problem single-handed!!!!
September 29, 2009 5:50 pm | #8Britain is fairly left wing, and it’s economy has been stuck in a stagnant quagmire for decades. Pay them no never mind.
September 29, 2009 6:16 pm | #9it is not the poorest country it is just the country with the most debt they are 2 different things
September 29, 2009 6:48 pm | #10I could point out what is so wrong with what you just said but it really would take a long time. Too long.
September 29, 2009 7:24 pm | #11No, but it will become bankrupt by 2040, if we don’t replace our current tax structure
September 29, 2009 7:55 pm | #12probably :/
September 29, 2009 8:08 pm | #13Good question.
September 29, 2009 8:16 pm | #14No….assets outweigh debts.
September 29, 2009 8:58 pm | #15No. But we may be if Obama gets his way.
September 29, 2009 9:06 pm | #16no
September 29, 2009 9:23 pm | #17i though africa was
September 29, 2009 9:39 pm | #18don know about US but u r sure the dumbest person I hav seen
September 29, 2009 9:59 pm | #19