(Video at link) EXCERPT 0:20 It is a really open question; How much debt is too much and when should you tighten? We're in the midst of a difficult, delicate, two-speed maneuver. 1:15 If you have a growing economy, you can tolerate a high level of debt. If you have an economy in recession, and too much debt, you get into what's called a debt trap.1:50 This argument is overshadowed by political considerations. In Europe, you have debate of eurozone members and their debt. 2:25 We can issue our own currency in the U.S., and the dollar is quite strong....