Varven@lemmy.world to Memes@lemmy.ml · 1 month agothe debtlemmy.worldimagemessage-square154fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 1 month agomessage-square154fedilink
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkarrow-up0·1 month agoCredit rating also depends on credit to debt ratio. You want to keep it below 35%, so the US wouldn’t need a credit line of $100T or more to have great credit.
minus-squarehumorlessrepost@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoI think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes makes the algorithm ignore utilization.
Credit rating also depends on credit to debt ratio. You want to keep it below 35%, so the US wouldn’t need a credit line of $100T or more to have great credit.
I think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes makes the algorithm ignore utilization.