Debt six times annual income? Oh, you mean a mortgage.

Current Events » in reply to Debt hits 100 percent of GDP mark

Robert — 12/23/2011 7:08:55 PM (archived)

I wouldn't expect most people to have a hard time imagining an accurate analogy. Sovereign debt even with a slightly-diminished rating comes with primo terms that any homeowner would kill for, so comparison to loanshark-grade credit card debt is also pretty misleading.

--Your ever-faithful fact-checker,
Robert

The whole thread (17 posts)

Debt hits 100 percent of GDP mark - TB - 12/22/2011 7:32:49 PM
- Re: Debt hits 100 percent of GDP mark - BuckGalaxy - 12/27/2011 6:40:24 PM
  - Re: Debt hits 100 percent of GDP mark - TB - 12/27/2011 7:12:42 PM
    - Re: Debt hits 100 percent of GDP mark - BuckGalaxy - 12/28/2011 2:39:31 AM
      - Number One: - TB - 12/28/2011 4:00:28 AM
- Debt six times annual income? Oh, you mean a mortgage. - Robert - 12/23/2011 7:08:55 PM
  - Nice try. - TB - 12/23/2011 8:23:12 PM
    - Heh. - TB - 12/23/2011 8:27:21 PM
      - Re: Heh. - Robert - 12/24/2011 12:54:19 AM
        
        No, things stop being "politics" when the wrong ox is being gored. - TB - 12/24/2011 3:23:33 AM
- Re: Debt hits 100 percent of GDP mark - BuckGalaxy - 12/23/2011 5:47:21 AM
  - Re: Debt hits 100 percent of GDP mark - TB - 12/23/2011 6:18:09 AM
    - Re: Debt hits 100 percent of GDP mark - ER - 12/23/2011 3:33:53 PM
    - Re: Debt hits 100 percent of GDP mark - BuckGalaxy - 12/23/2011 8:35:16 AM
      - The GOP is doing all this? - TB - 12/23/2011 8:35:51 PM
  - Re: Debt hits 100 percent of GDP mark - ER - 12/23/2011 5:54:36 AM
- Obama: - TB - 12/22/2011 8:24:32 PM

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