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0 pointsDer_Einzige1y ago0 comments

The only governments which are not "bankrupt" are shitholes like Russia (and they only did it to prevent sanctions from harming their economy).

A healthy debt to GDP ratio (like what the USA has) is integral for a growing economy. Choke on it Austrians.

0 comments

There's also Norway, China etc, countries with productive SOEs. Those governments have debt but also significant assets.

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0 pointsDer_Einzige1y ago0 comments

The only governments which are not "bankrupt" are shitholes like Russia (and they only did it to prevent sanctions from harming their economy).

A healthy debt to GDP ratio (like what the USA has) is integral for a growing economy. Choke on it Austrians.

There's also Norway, China etc, countries with productive SOEs. Those governments have debt but also significant assets.

j / k navigate · click thread line to collapse