Comparing US State GDPs with countries.

[mai]

SamuelRSmith said:

Debt can grow as long as economies can grow. Of course, the question lies with whether or not its possible for economies to continously grow (what with the strong correlation between economic activity and energy, as well as dwindling resources).

Well, certain experts suggest that US economy stopped growing somewhere in early 90s. A lot of smaller economies especially in Europe, e.g. Baltic states, were entirely based on IMF funding and despite rapid growth of GDP (up to 15% a year) and well-being now literally in ruins.