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In the chart I linked to, "public debt" is US govt debt. My comment still stands. I won't argue with you that the situation doesn't suck (of course it does), bu
by rm999 18y ago
In the chart I linked to, "public debt" is US govt debt. My comment still stands. I won't argue with you that the situation doesn't suck (of course it does), but I will argue that the situation is not dire - the chart I linked to shows that current debt/GDP is around the median since WWII, and it has never been a serious problem before. I will also argue that there is no risk of China taking over the US, at least anytime soon.