Look at how out of control U.S. ‘debt creep’ is compared to the rest of the world

[endicom]

Market Watch
Shawn Langlois
Oct. 29, 2017

Nobody touches America when it comes to racking up debt. But you already knew that. Jeff Desjardins of the Visual Capitalist blog, however, offered up some fresh perspective on just how much of the world’s $63 trillion in borrowed money can be pinned to the United States government and its spendy ways.

“In an ideal situation, governments are just borrowing this money to cover short-term budget deficits or to finance mission-critical projects,” he wrote in a recent blog post. “However, around the globe, countries have taken to the idea of running constant deficits as the normal course of business, and too much accumulation of debt is not healthy for countries or the global economy as a whole.”

More... https://www.marketwatch.com/story/look-at-how-out-of-control-us-debt-creep-is-compared-to-the-rest-of-the-world-2017-10-29

[Free Vulcan]

It's all fun and games till interest payments suck up half your tax revenue and foreign govts won't loan you money for your out-of-control social spending anymore.

[IsailedawayfromFR]

 Looks like Japanese bonds are the ones to be avoided