Value – “BigG, I am afraid you are missing the point. Companies who grow too quickly eventually
run out of cash and fall into administration. It is the same with countries; they only survive
long term if they have the funds. The USA has spent above its means for decades and is effectively
bankrupt.”
Hi Value, the US has been in debt from day 1 in the American Revolutionary War
back in the 18th cenuary, it’s never been out of debt. There are no sovereign
coutries that are debt free. But you are right, the US has the largest debt,
followd by China. I don’t want to start the GDP thing again 
but although
the US has the largest debt, around 35 trillion, whereas China’s is around 19 trillion.
however the US’s financial debt GDP is about 124% GDP whereas China has about 300% Gdp.
So China, even with less debt, is using much more of it’s state assets doing whatever
it is they do.
Ok, no more GDP, if that’s helpful then good, if you feel it doesn’t clear up things
then let’s just move on
Aw the best ma freen (as it’s Burns night)