The Tea Party summed up!!!

[Mnementh]

Kasz216 said:

Mnementh said:

Kasz216 said:

 Actually, after assuming the banks debt i'm pretty sure Spain's debt is higher now.

Though yeah I wouldn't say they were comprable, but that doesn't mean the US is more rightwing.    Your average politician from europe would seem pretty toxic on a number of issues both seen as too conservative and too liberal.

As I said, the political systems are not really comparable.

To the debt: according to german Wikipedia Spain had 2011 a overall debt of 68.5% of it's GDP. Germany had 81.2%. Also Spain had 15,715€ per inhabitant, germany 25,339€. I don't think it shifts too much in 2012.

http://de.wikipedia.org/wiki/Staatsschulden

And according to Wikipedia Argentina's Inflation rate is below 10%.

The reality is quite different from offically reported however.

Though Spain's official Debt to GDP is expceted to  reach 90% by the end of the year.

I have a source for my numbers, do you have one for your claim? But even if Spain has 90% debt to GDP, that is not too far away from Germany. Also some other countries also not named usually as a problem have more: Belgium 98%, United Kingdoms 85.7%, USA 110% and Japan 241%. Yes the same Japan that is seen as a safe heaven in the financial crisis. The reason for problems is not absolute debt alone.