this post was submitted on 07 Jun 2024
1 points (100.0% liked)

Memes

45745 readers
93 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
1
the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
154 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] disguy_ovahea@lemmy.world 0 points 5 months ago (1 children)

Credit rating also depends on credit to debt ratio. You want to keep it below 35%, so the US wouldn’t need a credit line of $100T or more to have great credit.

[–] humorlessrepost@lemmy.world 0 points 5 months ago

I think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes makes the algorithm ignore utilization.