Net creditor

In the context of government debt, a country that largely finances its debt domestically, i.e. with domestic households and companies (“we owe it to ourselves”). The largest net creditor in 2010 was Japan. – Financial history shows that countries in the position of a net creditor make less effort to curb their public debt than comparable other countries.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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