this post was submitted on 11 Aug 2023
480 points (89.7% liked)

World News

35812 readers
457 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] MrPloppy@lemmy.world 18 points 2 years ago (2 children)

While the US sits on $32 trillion of debt....

[–] acosmichippo@lemmy.world 10 points 2 years ago (2 children)

which doesn't really have anything to do with a healthy or unhealthy economy.

[–] Chilly@sh.itjust.works 3 points 2 years ago

It's a little different when you're the world's reserve currency.

[–] freagle@lemmygrad.ml -2 points 2 years ago (1 children)
[–] acosmichippo@lemmy.world 0 points 2 years ago

well stated good sir, you have truly changed my mind.

[–] tills13@lemmy.world 7 points 2 years ago

While the current amount is not great, debt itself is not a bad thing.