if Dems are in power, >50% is dangerous. If GOP, then 150% is no problem... because dynamic scoring!!
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what's dynamic scoring?
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"bad" is a moral term. I get what you mean, but doesn't apply here--unsustainable better.
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trajectory of debt/GDP, currency its in, domestic vs foreign ownership, all matter a lot in thinking about this
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A good chunk of Japanese debt is owned by the central bank; the fancy term for this is "monetary financing" of deficit.
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I assume this is what maps to QE basically, so would also apply to the US?
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Since the central bank is part of the government, that's the left hand lending to the right hand.
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All good primers (& all statistics) on this are irrelevant, due to central banks printing money. You need to look at it case by case.
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if you are a company do you care about debt:asset, debt:revenue, or debt:profit ratios? Do you care what currency you are paid in?
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