Which Countries Spend More Than They Make?
You might be surprised to learn the U.S. doesn't make the top five when we consider who has the most debt compared to their gross domestic products.By Katherine Biek | April 4, 2016
But those numbers only tell part of the story. Who's borrowing the most when you consider how much they're actually making — or in other words, living beyond their means?
Back in September, the World Economic Forum's Global Competitiveness Index showed Japan holds that title with an incredible 243 percent of its gross domestic product.