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Not really. Most of the countries run a budget with a huge deficit or debt. USA is not even in the top 10 when you look at the debt by GDP ratio. https://worl

Not really. Most of the countries run a budget with a huge deficit or debt. USA is not even in the top 10 when you look at the debt by GDP ratio. https://worldpopulationreview.com/countries/countries-by-national-debt https://worldpopulationreview.com/countries/countries-by-nat... EDIT: Just so clarify, first list on the linked page is irrelevant, scroll down to the list of countries ordered by debt to GDP ratio.

delusoryitem 5y ago
Lol its 11th, and if you remove most failed states the us is well within top 10. Ignorance is bliss but we all know where the us is heading. Edit: bang there appears the nationalists downvoting anything remotely true about the state of affairs.
- rory 5y ago
  You blame nationalism, but we very much don't know where the US is heading. Japan has maintained massive debt for decades, but the US is very different from Japan, so what exactly happens to us remains to be seen. Also, most of the large European countries are more or less in the same boat as the US debt-wise, so it's not like the American case is particularly special in that regard.
  - ur-whale 5y ago
    > so what exactly happens to us remains to be seen. Nope. The only unknown is how long it'll take to happen not what will happen. And that applies to both the US and Japan.
    - rory 5y ago
      Don't be coy, Nostradamus, tell us the future.
      - wbtism 5y ago
        No need to insult op. There are plenty of example of what happens when economies are deep in debt. All you need is a basic google search and sticking your head out of the “patriotic” chocolate jar.
  - wbtism 5y ago
    Oh look, american whataboutism. How the tables have turned. If you cant tell what japan has been going through since the 90s then you should probably read a bit more before commenting on hm. The US (i cant talk for the whole of America) is indeed different from Japan. I am not sure a certain population category will endure stagnation for a long time, and the standard of living is already well below that of Japanese counterparts. I mean the us already had a failed coup, and i cant even begin to think what the future will look like if it ends up like japan in terms of growth. Which is not bad but as you pointed out the us is different but not in a good sense. Regarding european countries…yeah whataboutism wont help you.
    - rory 5y ago
      As honored as I am that you made a throwaway specific to a perceived logically fallacy of mine, pointing out an objectively factual similarity-to-peers isn't an example of whataboutism.
jhgb 5y ago
Being eleventh out of almost two hundred countries suggests that "most of the countries", as you're saying, are better at balancing their budget than the US, not the opposite.
- tut-urut-utut 5y ago
  No, I didn't say anything about who is “better”, I just said that most of the countries run huge deficits and have huge debts, which is what the list shows. Whether that debt is at 100% or 50% of the GDP doesn't really matter, both are huge by my definition.
  - jhgb 5y ago
    > Whether that debt is at 100% or 50% of the GDP doesn't really matter, both are huge by my definition. "Whether I'm being paid $100k or $50k doesn't really matter, both salaries are huge by my definition." I'm quite sure that international lenders don't look at it this way.
ur-whale 5y ago
> https://worldpopulationreview.com/countries/countries-by-national-debt https://worldpopulationreview.com/countries/countries-by-nat... What is really interesting in this list is not the top of it, which, like another comment noted, contains mostly places you wouldn't want to live in, but rather the bottom (ie countries with tiny debt to gdp ratio). It's a strange mix of basic hellholes (countries that no one wants to lend money to), and some of the highest standard of living in the world (Switzerland, etc...).

delusoryitem 5y ago

Lol its 11th, and if you remove most failed states the us is well within top 10. Ignorance is bliss but we all know where the us is heading. Edit: bang there appears the nationalists downvoting anything remotely true about the state of affairs.

rory 5y ago
You blame nationalism, but we very much don't know where the US is heading. Japan has maintained massive debt for decades, but the US is very different from Japan, so what exactly happens to us remains to be seen. Also, most of the large European countries are more or less in the same boat as the US debt-wise, so it's not like the American case is particularly special in that regard.
- ur-whale 5y ago
  > so what exactly happens to us remains to be seen. Nope. The only unknown is how long it'll take to happen not what will happen. And that applies to both the US and Japan.
  - rory 5y ago
    Don't be coy, Nostradamus, tell us the future.
    - wbtism 5y ago
      No need to insult op. There are plenty of example of what happens when economies are deep in debt. All you need is a basic google search and sticking your head out of the “patriotic” chocolate jar.
- wbtism 5y ago
  Oh look, american whataboutism. How the tables have turned. If you cant tell what japan has been going through since the 90s then you should probably read a bit more before commenting on hm. The US (i cant talk for the whole of America) is indeed different from Japan. I am not sure a certain population category will endure stagnation for a long time, and the standard of living is already well below that of Japanese counterparts. I mean the us already had a failed coup, and i cant even begin to think what the future will look like if it ends up like japan in terms of growth. Which is not bad but as you pointed out the us is different but not in a good sense. Regarding european countries…yeah whataboutism wont help you.
  - rory 5y ago
    As honored as I am that you made a throwaway specific to a perceived logically fallacy of mine, pointing out an objectively factual similarity-to-peers isn't an example of whataboutism.

jhgb 5y ago

Being eleventh out of almost two hundred countries suggests that "most of the countries", as you're saying, are better at balancing their budget than the US, not the opposite.

tut-urut-utut 5y ago
No, I didn't say anything about who is “better”, I just said that most of the countries run huge deficits and have huge debts, which is what the list shows. Whether that debt is at 100% or 50% of the GDP doesn't really matter, both are huge by my definition.
- jhgb 5y ago
  > Whether that debt is at 100% or 50% of the GDP doesn't really matter, both are huge by my definition. "Whether I'm being paid $100k or $50k doesn't really matter, both salaries are huge by my definition." I'm quite sure that international lenders don't look at it this way.

ur-whale 5y ago

> https://worldpopulationreview.com/countries/countries-by-national-debt https://worldpopulationreview.com/countries/countries-by-nat... What is really interesting in this list is not the top of it, which, like another comment noted, contains mostly places you wouldn't want to live in, but rather the bottom (ie countries with tiny debt to gdp ratio). It's a strange mix of basic hellholes (countries that no one wants to lend money to), and some of the highest standard of living in the world (Switzerland, etc...).