Comments by "Stephen Jenkins" (@stephenjenkins7971) on "The Washington Naval Treaty - The parties, the motives, the negotiations, the loophole abuse..." video.

@JimmyMon666 Greece was an issue because of Greece's economy, and more importantly due to their lies about their economy. Loss of trust is catastrophic to an economy, specifically the willingness to pay back debt. The US has always paid back debt even if it leads to more debt, all first-world nations are like that in fact. Japan and the US has a much better economy and can thus handle much more debt compared to GDP. If Japan can handle 200%+ debt, the US has little and less to worry about. If you wanna worry, then if you ever hear someone claiming that they wanna lower the debt by stinging on paying the debt for a year or so; THEN you can scream in anguish because shit is about to crash at that point because people are too stupid to know how to economy. :D
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@Eleolius That's literally over 100% of a country's debt-to-GDP, smart one. Seriously, the US in its absolute golden age and heyday had a debt-to-GDP ratio of 119% in 1946. Today it's around 129%. Don't be so smug about this if you have don't have any perspective whatsoever.
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