- 07 Jul 2011 18:39
#13750794
Does anyone have data about this? I'd like to know whether the current debt levels are unique or there were already a few cycles of government debt increases through history. If there were already such cycles, I am optimistic that the current debts will some day disappear without bankruptcy, but if such high level of debts throughout the western world is unique to this period of time, then I will be more pessimistic.