this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 3 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[–] disguy_ovahea@lemmy.world 11 points 3 months ago* (last edited 3 months ago) (1 children)

Credit rating also depends on credit to debt ratio. You want to keep it below 35%, so you would need a credit line of $100T or more to have a great rating.

[–] humorlessrepost@lemmy.world 19 points 3 months ago* (last edited 3 months ago)

I think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes the algorithm ignore utilization.