Replies to post #13715 on The Rising Influence of Rising Affluence

[OakesCS]

my bad: re forgetting the internet bubble collapse.

while a large debt/GDP is bad, i'll take US debt over Chinese, Russian or Indian debt any day.

However, that gets away from point of US vs GDT. I dont think there is a versus - one comes with the other.

As for the $US falling - personally i'd love for that to happen and the sooner the better. I'm not so sure that's good or bad for the rest of the US.