What factors regulate national debt or surpluses around the world?

Question

Why can't africa spend billions of dollors over their budget to start helping the poor and dying up on their feet. And yet america can spend hundreds of billions on a war. When does debt of a country matter? Also why does a province like for ex: Alberta in Canada sit on 8 billion dollors, what do they do with it, isnt it insane?

google was my source on the 9 billion alberta surplus

Answer 1

Africa is not rich enough or credit approved enough to spend billions on their population. Even if they are, they spend it on themselves, the governments are self-gratifying. It is insane that Alberta can sit on 8 billion. What is your source?

The United States Congress approves all expenditures of the U.S. government. Remember, Kerry said he approved the war and then voted against it? In that vote Kerry approved money and permission for the Iraq war to continue.

The U.S. is probably the exception to the rule when it comes to trillions in debt. The World Bank would go into bankruptcy itself if it decided to forclose on its largest debtor!

Answer 2

You can only have debt if you have credit. By far the USA has the largest debt because it commands the best credit.
A budget surplus can come from a booming economy or bad planning, In any case it is an anomaly and must be addressed best by lowering taxes.
The main reason there are poor and dying in Africa is because their governments don't care. Actually mostly those governments care how to stash away the "international help" in Swiss bank accounts.