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Old 09-30-2008, 01:16 PM
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Default What is MORTGAGE to GDP ratio??

wat is mortgage to GDP ratio and wat does mortgage pentration mean????????????
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Old 10-03-2008, 10:58 AM
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Do you mean Debt-To-GDP Ratio?A measure of a country's federal debt in relation to its gross domestic product (GDP). By comparing what a country owes and what it produces, the debt-to-GDP ratio indicates the country's ability to pay back its debt. The ratio is a coverage ratio on a national level.This measure gives an idea of the ability of a country to make future payments on its debt. If a country were unable to pay its debt, it would default, which could cause a panic in the domestic and international markets. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and the higher its risk of default.
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