Varven@lemmy.world to Memes@lemmy.ml · 29 days agothe debtlemmy.worldimagemessage-square164fedilinkarrow-up11.09Karrow-down193
arrow-up1998arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 29 days agomessage-square164fedilink
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkarrow-up12·edit-229 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.worldlinkfedilinkEnglisharrow-up19·edit-229 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.