[refermech]

It seems we are much closer to bankruptcy than Russia is. who will go belly up first?

[Boogieman]

“It seems we are much closer to bankruptcy than Russia is.”

Countries don’t go bankrupt because they hold a lot of debt. They go bankrupt because they can’t get any more debt. And our credit rating is probably going to be quite a bit better than Russia’s six months from now.

[Renfrew]

“It seems we are much closer to bankruptcy than Russia is. who will go belly up first?”

Russian interest rate on debt - 17.0%
USA interest rate on debt - 0.25%

How exactly are we closer to bankruptcy?