[OnyeaboAduba]

If you owe your bank 10000 dollars and cant pay you have a problem if you owe your bank 1 million (or in our case 17 trillion)and cant pay they have a problem.

[twoodfin]

This analogy makes sense, but surely there's a debt/GDP ratio where it breaks down, no? How do we know what that is?

[dmix]

A significant portion of the debt is held by Americans. I don't get your point.

[OnyeaboAduba]

My point is debt isn’t a problem unless there are significant consequences attached to it. You talk of economic understanding but your theory is flawed.