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this post was submitted on 17 Jun 2024
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On the assumption that you weren't being sarcastic, no, don't be just like USA please.
The US economy is buoyed by a >$20 trillion dollar debt, which accounts for just over 30% of all global debt. For the past decade, that debt has even outgrown the US' GDP.
And that's not even getting into a discussion of how the US actually spends all that money.
Most already are, or moving towards it. But no, that's not a good thing.
Though, as America is still the global superpower, the debt really isn't as important as you suggest, but of course I wouldn't speak out against slashing defense spending and hiking taxes on wealthy individuals and big business.
Don't worry about your non-productive debt, you'll figure things out.-
Every loan shark in the world.