Re:China Can’t Sustain Its Debt-Fueled Binge, Moody’s Says
by WillPostForFood on Wednesday May 24, 2017 @09:07PM
(#14414660)
By what measure is the US ratio lower than China's? US is worse in the IMF measure of gross debt to GDP by far. Looking at total debt (government, corporate, and household), the US is worse: 331% to 250%. What numbers are you looking at?
https://www.theguardian.com/business/2016/jun/16/chinas-debt...
Re:China Can’t Sustain Its Debt-Fueled Binge, Moody’s Says
by flukus on Wednesday May 24, 2017 @08:17PM
(#14414466)
> it's lower than most (not all) countries in Western Europe.
Portugal, Italy and Ireland aren't "most of western europe": https://en.wikipedia.org/wiki/List_of_countries_by_public_de...
There is so much uninformed hysteria about the US national debt, it's incredibly frustrating and blocking the implementation of better policy.