The US has much higher debt than any point in history, which is climbing rapidly... | Hacker News

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		_dp9d 11 months ago \| parent \| context \| favorite \| on: Is Iceland getting ready to join the EU? The US has much higher debt than any point in history, which is climbing rapidly, and are manipulating things as much as possible. I wouldn’t hold them up as a shining example of “good” or “we should do the same”.

graemep 11 months ago [–]

Take a long term view the US has done a lot better in the period it has had a common currency than the EU has done in the period it has had a common currency.

Even in recent decades the US has done much better economically than the EU.

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