I can't seem to edit my comment anymore. In an attempt to correct the record, I'm very wrong about my claim in at least a couple of ways.

1. I made that statement without checking my facts

2. I recalled from the news today that China had a debt to gdp ratio of about 250% (this is total debt to gdp, including debt held by consumers and corporations)

3. I compared it to a number in my head of US debt to gdp ratio being about 100% (this turns out to be about government debt to gdp).

At the very least, the thing I intended to say is wrong or an unequal comparison at best.