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Well, there is a chart for that on wikipedia too, and it doesn't look good either. And I'm not talking about Japan. There was a country just a little over 20 y
by pampa 13y ago
Well, there is a chart for that on wikipedia too, and it doesn't look good either. And I'm not talking about Japan.
There was a country just a little over 20 years ago that was in debt up to its neck and was trying to do global surveillance and project global power. Half of the world was screwed when it fell, and not everybody in the eastern block did recover yet. God help us all if this happens to the usa.
- dragonwriter 13y ago> Well, there is a chart for that on wikipedia too, and it doesn't look good either. After you misrepresented the last one without actually linking to it, I'm not really inclined to expend the effort to verify your characterization of this one. > There was a country just a little over 20 years ago that was in debt up to its neck and was trying to do global surveillance and project global power. AFAICT, the Soviet Union, just before it fell, had an estimated $65-$100 billion in foreign debt with a GDP on the order of $2.5 trillion -- it wasn't really "in debt up to its neck".