The Sample Size of Countries That End Up With Debt Problems

The sample size of countries that end up with eccess debt is pretty large. The cases you mention, tyler, are the good news cases where debt was brought under control by a combination of growth, primary surpluses and a some inflation. But i mean that those are the outliers. In most cases, countries that endup with debts in excess of a hundred % of g d p end up with either some kind of very painful contractionry process, or with inflation that spirals out of control.