Varven@lemmy.world to Memes@lemmy.ml · 23 days agothe debtlemmy.worldimagemessage-square157fedilinkarrow-up11.08Karrow-down192
arrow-up1989arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 23 days agomessage-square157fedilink
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkarrow-up11·edit-222 days agoCredit 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.
minus-squarehumorlessrepost@lemmy.worldcakelinkfedilinkEnglisharrow-up19·edit-222 days agoI think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes the algorithm ignore utilization.
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.
I think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes the algorithm ignore utilization.