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pclowes 3 days ago

They are almost all also going bankrupt. Also, those governments may be efficient but the US is not. You do not get a more efficient government by making it larger.

bryanlarsen 3 days ago | parent | next [-]

They are almost all more solvent than the US.

pclowes 3 days ago | parent [-]

I would need more data here. The US is highly solvent because of the global dollar as well as being a hegemonic military superpower.

bryanlarsen 3 days ago | parent [-]

The US is in the process of throwing away both advantages, so you have to judge simply by debt/deficit levels.

tpm 2 days ago | parent | prev [-]

Debt-to-GDP of Germany is around 63%, that is notably less bankrupt than the US at 120% which is approaching Italy (that went from 154% in 2020 to around 135% now).