3 ms·
I think that's what happens in the case of regular world economies who don't have the luxury of a reserve currency. But if the US really did need to do all tha
by fellellor 8y ago
I think that's what happens in the case of regular world economies who don't have the luxury of a reserve currency.
But if the US really did need to do all that accounting then how come they've accumulated a debt of 20 trillion?
I'm not saying that the US economy is completely immune, but they certainly seem more immune than other economies.
- perl4ever 8y agoThere are other countries with a higher debt/GDP ratio, so I'm not sure what facts lead you to assume the US is the sort of outlier that demands a special explanation. The number $20T does not seem meaningful in a vacuum.