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Govts are going bankrupt No they aren't Infrastructure is collapsing No it isn't

• gruez 11mo ago
  >Govts are going bankrupt >No they aren't They might not be "going bankrupt" in the sense that they're imminently going to default on their debts, but debts have reached unprecedented levels[1], and show no signs of stopping. If you know someone who's racking up serious amounts of debt on sports gambling or whatever, it's safe to characterize that as "going bankrupt", even if you think they'll be able to make the minimum payments on their credit cards for the next few months. [1] https://www.economist.com/content-assets/images/20251018_SRC216.png https://www.economist.com/content-assets/images/20251018_SRC..., https://www.economist.com/special-report/2025/10/13/across-the-rich-world-fiscal-crises-loom https://www.economist.com/special-report/2025/10/13/across-t...
  • bryanlarsen 11mo ago
    Hardly unprecedented, those are about half of Japanese levels and hardly anybody seriously thinks Japan is going bankrupt any time soon.
    • hulitu 11mo ago
      > hardly anybody seriously thinks Japan is going bankrupt any time soon as long as they play ball with the world policeman. /s