> Debt is only ever a problem for a country ...
What about interest payments? What about the risk of having the debt called in, or the risk of using up all of one's credit?
What about interest payments? What about the risk of having the debt called in, or the risk of using up all of one's credit?
If your doing business in China, massive debt heightens the risk that you simply won't be paid. The real risk here is ever tightening controls on Chinese borrowing and investment dollars flowing in. That would have a crippling effect on overall growth.