Rebel do you not understand the fact that that US denominated debt is simply private sector savings, and that budget deficits are merely private sector income to the penny.
The reason the US is not falling into severe recession right now and is managing to grow modestly is that it has a healthy budget deficit abating the effects of the ongoing mass de-leveraging after the massive asset price crashes in 07/08.
Nope, all debt is bad, blah blah, need to fund government spending with bonds blah blah, economics 101 blah blah blah..
Keep believing what you will, but if anyone really thinks the US could raise 'debt' at near 0% and there was actually something unsustainable or wrong about it that the market hasn't woken up to yet then your delusional...
Look at European countries debt, now look at the US debt, tell me what the difference is, therein lies the stupidity of all these posts..
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