My opinion is utterly meaningless here. Look at the numbers and judge for yourself is a fucking hockey stick chart of debt/gdp seems like a good idea to you.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,374 Blog Posts
Well, they do not have the world’s reserve currency, as the U.S. does. So, unlike in the U.S., debt could be a problem for them. Debt is often a solution for the U.S., however.
http://www.rweconomics.com/