{"id":47015,"date":"2009-11-22T18:56:00","date_gmt":"2009-11-22T23:56:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/krugman-see-other-countries-have-insane-debt-and-end-up-just-fine-2009-11"},"modified":"2009-11-22T18:56:00","modified_gmt":"2009-11-22T23:56:00","slug":"krugman-see-other-countries-have-insane-debt-and-end-up-just-fine","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/47015","title":{"rendered":"Krugman: See, Other Countries Have Insane Debt, And End Up Just Fine"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b09cf400000000000d97a77&amp;maxX=359&amp;maxY=319\" border=\"0\" alt=\"debttogdpkrugmanchart.png\" width=\"359\" height=\"319\" \/><\/p>\n<p><a href=\"http:\/\/krugman.blogs.nytimes.com\/2009\/11\/22\/joke-europeans\/\">Paul Krugman<\/a> continues his assault on the national debt worryworts, posting this chart, and noting:<\/p>\n<p style=\"padding-left: 30px;\">If these countries can run up debts of more than 100 percent of GDP without being destroyed by bond vigilantes, so can we.<\/p>\n<p>Indeed, betting that any developed country, such as, say, Japan, would default on its debt and get crushed has been a fool&#8217;s bet for years.<\/p>\n<p>Anyway, let&#8217;s hope that since nothing bad has ever happened, that it won&#8217;t.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/krugman-see-other-countries-have-insane-debt-and-end-up-just-fine-2009-11#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/saturday-night-live-rips-obama-over-china-trip-spending-and-the-deficit-2009-11\">Saturday Night Live Rips Obama Over China Trip, Spending, And The Deficit<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-national-debt-just-broke-12-trillion-2009-11\">The National Debt Just Broke $12 Trillion<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-japanese-bond-market-may-really-be-ready-to-collapse-2009-11\">The Japanese Bond Market May Really Be Ready To Collapse<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Paul Krugman continues his assault on the national debt worryworts, posting this chart, and noting: If these countries can run up debts of more than 100 percent of GDP without being destroyed by bond vigilantes, so can we. Indeed, betting that any developed country, such as, say, Japan, would default on its debt and get [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-47015","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/47015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=47015"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/47015\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=47015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=47015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=47015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}