Amen. You have to compare assets vs debt, and then you have to compare asset growth projections vs debt growth projections, as any responsible finance thinking

Amen. You have to compare assets vs debt, and then you have to compare asset growth projections vs debt growth projections, as any responsible finance thinking would go. Even then US debt provides a market function, so debt on a governmental level is quite different than say household or corporate debt. To wit, US assets value in something like the 240 trillion dollar range, though I’m sure you could find wide variance to such measurements given the complexity of the US asset holdings.