| mrstickball said: Mirgro - The US has half of the debt according to GDP that the Greeks do. I hope your being sarcastic, or else that was a very bad argument. |
Correcty me if I'm wrong, but the US debt is still 100% of the US's GDP. I was also not sarcastic at all. The only reason the US is so ahead of everyone else right now is because back in the 80s the US started taking on huge amounts of money. Give 13 trillion to any other country in Europe, and they will be just as "great."
If it hadn't started incurring huge amounts of debt what would have happened is the same thing to the other super power of the time, the one that didn't take on any debt, Russia. We know how that went. For a reference, Russia has only about $80bil, and most of that is post 2000. Just something to think about, and what all this American "greatness" really stems from, it's certainly not the rampant Capitalism that most historically challenged people in the US would have you believe though.
