No, it really, really isn't. The key difference is that the US can finance defic...

apical_dendrite 83 days ago | parent | context | favorite | on: How the U.S. became a science superpower

No, it really, really isn't. The key difference is that the US can finance deficits and Britain couldn't. There's huge appetite all over the world to buy US government debt and to invest in the US. The UK needed massive foreign aid just to survive.

philwelch 83 days ago [–]

As long as you can still find someone to lend you money, debt isn’t a problem? Good to know.