gold, page-65633

So you think, in the case of the US example, that their debt can continue to grow at a rate faster than their GDP growth 'forever' and that that is sustainable, desirable and ultimately will have no consequences/effects and the current historically high debt/GDP ratio is ok and a good thing ?

To quote John McEnroe-'You can't be serious' ?

The people who make lots of money normally use debt to do it.

What a stupid thing to say without qualification. There's also many people who lose 'lots of money' using debt.

If and when we enter a nasty equity Bear Market for example we'll soon sort the wheat from the chaff and see how many of those clever people using debt go won't we-it's relatively easy to make money in Bull Markets and this one's been a doozy-not so easy in a big nasty bear which many current equity market participants have little concept of I think.

It might pay for you to have a look at the issue of debt levels/leverage etc and its influence/role in historical financial market crises/shakeouts.

Or maybe you think your infallible and almighty 'Fed' has eliminated them for good with their still in motion experiment/desperate measures ?