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UK debt-GDP has hit 250% during the Napoleonic Wars and 240% after WW2: * https://en.wikipedia.org/wiki/File:UK_GDP.png https://en.wikipedia.org/wiki/File:UK_G
by throw0101a 6y ago
UK debt-GDP has hit 250% during the Napoleonic Wars and 240% after WW2:
* https://en.wikipedia.org/wiki/File:UK_GDP.png https://en.wikipedia.org/wiki/File:UK_GDP.png
* https://en.wikipedia.org/wiki/United_Kingdom_national_debt#History https://en.wikipedia.org/wiki/United_Kingdom_national_debt#H...
The UK is still rolling forward that debt:
* https://www.theguardian.com/business/2014/oct/31/uk-first-world-war-bonds-redeemed https://www.theguardian.com/business/2014/oct/31/uk-first-wo...
Japan peaked at 180%.
The US can always revert the Trump tax cuts (for the rich), as they didn't seem to do anything useful and get some extra revenue. That should help.
- MR4D 6y agoJapan has been well above 180% for years. [0] [0] - https://www.statista.com/statistics/267226/japans-national-debt-in-relation-to-gross-domestic-product-gdp/ https://www.statista.com/statistics/267226/japans-national-d...