(CNN) - Threats of a national default during the debt ceiling debate amounted to "lunacy." That is, according to former Utah Gov. Jon Huntsman.
He accused those who spoke of risking a possible default to force the government's hand in facing its rising debt–including some of his Republican opponents–of behaving like lunatics during an interview on CNN's "Piers Morgan Tonight" scheduled to air Monday.
Considering the impact of the nation's economy on world markets, the 2012 GOP presidential candidate said he couldn't fathom how Republican colleagues discussed the possibility of defaulting on the country's debt during the heated debate surrounding whether the borrowing limit should be increased.
"I thought it was the height of irresponsibility," he said.
"We're 25 percent of the world's GDP. The United States of America that has never defaulted before—just let it go over a cliff—you can imagine what the marketplace would have done in response," Huntsman continued.
"The marketplace is trashing everybody right now, assets are underwater…you can only imagine what this country would look like today if we had defaulted. It was complete lunacy for people to even talk about that."
And when pressed on whether he felt sympathy for President Obama's position, Huntsman responded that they have no personal relationship to speak of.
Huntsman noted that he served as U.S. ambassador to China because he was called by the president to serve his country.
"You work for your president when you are asked to serve," Huntsman said.
"He is a good man, he is earnest but he has failed us on the most important issue of the day."
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