Absolutely f**ing rubbish. No. This is dead wrong. You are speaking authoratively but you don't know what you are talking about.
There is nothing inherently superior about debt/gdp. It is one good metric for tracking debt but is in no way the one true metric or intrinsically superior to other debt metrics and importantly it cannot give you a reasonably complete picture of the fiscal situation of a country because it is lacking the key component of incorporating rates and flows.
Japan has more than double our debt to GDP but this is able to not catastrophically blow up in the short term because their interest rates and therefore interest expense is low.
Again, really sad , but not rrally surprising to see low quality drivel stated authoratively as the top answer
Can you please make your substantive points without calling names or posting in the flamewar style? Besides not breaking the site guidelines, it will make your arguments more persuasive.
When someone else is wrong and/or you know more than they do, or feel this is the case, it's enough to post correct information and explain it to readers. Then we all can learn something. Putdowns, on the other hand, get in the way, poison conversation, and evoke worse from others.
Your comment would have been just fine without the first and final paragraphs.
There is nothing inherently superior about debt/gdp. It is one good metric for tracking debt but is in no way the one true metric or intrinsically superior to other debt metrics and importantly it cannot give you a reasonably complete picture of the fiscal situation of a country because it is lacking the key component of incorporating rates and flows.
Japan has more than double our debt to GDP but this is able to not catastrophically blow up in the short term because their interest rates and therefore interest expense is low.
Again, really sad , but not rrally surprising to see low quality drivel stated authoratively as the top answer