|  Re: Map of External Debt between countries
Well, I don't think it's a matter of lying, tbh. I think that the countries that are not included in the table probably contribute the balance.
As to Aussie, it's a well-known issue. Aussie has been a "beneficiary" of a lot of foreign inflows of capital, especially from China. Just like with the US, it means that you end up with a whole bunch of assets that are funded externally. In the case of Aussie (and you might have heard the stories), it's housing and all that this implies (i.e. offshore funding of domestic banks, etc).
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Jul 13, 2011, 7:04am
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