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Which country is that 1 in 52?
I suspect that if you're a country in control of the world's reserve currency you can avoid default with a higher debt ratio.
Japan. They keep printing more and more to pay off their debt and yet never defaulted
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Majority of public debt is in the hands of their citizens and institutions. Makes them somewhat independent from foreign monetary politics
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looks like you can plod along in low 200s% https://tradingeconomics.com/japan/government-debt-to-gdp
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