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I really hope you are right but the massive debt taken on by all the western countries has me worried about their ability to actually respond to a hard recessio

I really hope you are right but the massive debt taken on by all the western countries has me worried about their ability to actually respond to a hard recession if it hits this winter.

nequo 4y ago
Public debt is a strange thing. The gross public debt of the US is 135% of its GDP[1] but Japan has it at 266%[2] and they've done okay so far, too. [1] https://en.wikipedia.org/wiki/National_debt_of_the_United_States https://en.wikipedia.org/wiki/National_debt_of_the_United_St... [2] https://en.wikipedia.org/wiki/National_debt_of_Japan https://en.wikipedia.org/wiki/National_debt_of_Japan