Aug 30, 2013 ... It's not the most airtight of arguments, but it's worth noting that it's totally possible  to (a) not have a statutory limit on government debt and (b) not be engulfed in  flames.
Sep 7, 2017 ... Do other countries do it this way? Generally, no. Denmark also has a debt limit,  but it is set so high that raising it is generally not an issue. ... “In most countries, a  fiscal crisis is when people don't want to lend to the government anymore,” Mr.  Furman said. “In the United States, the main fiscal crisis is if we ...
Sep 9, 2017 ... President Trump said he would think about working with Democrats to scrap the  limit on the country's borrowing, which has been around for a century. ... cost of  entering World War I. That early debt limit, however, made no allowance for  inflation or the growing population, so it has had to be raised many ...
Oct 16, 2013 ... Most foreign coverage of the US debt ceiling boils down to basic explanations of  what exactly the debt ceiling is, like this video from the BBC. “The debt ceiling is a  very strange idea, and I'm not surprised that very few other countries have it,”  says Lee Branstetter, an economist at Carnegie Mellon University ...
Oct 8, 2013 ... A debt ceiling restricting the total amount of debt a country can borrow is not just  an American invention. While rare in the developed world, there are a number of  other countries that have adopted debt ceilings or limits into law. These are  usually put into place as a signal to foreign investors of the country's ...
Most countries have no debt ceiling.