You can't judge things based on a 0% default rate. Some of the debt is expected ...

		cma on Sept 14, 2018 \| parent \| context \| favorite \| on: $250 Trillion in Debt: The World’s Post-Lehman Leg... You can't judge things based on a 0% default rate. Some of the debt is expected to never be paid back. Lots of high interest debt heavily bakes that in, so counting them as held to maturity with 0% default is just going to make your statement tautological.