3 ms·
> why did debt skyrocket but debt% of gdp go down? Because world GDP grew faster than world debt. The debt growth is also smaller than it appears from the grap
by notahacker 6y ago
> why did debt skyrocket but debt% of gdp go down?
Because world GDP grew faster than world debt. The debt growth is also smaller than it appears from the graph (the y axis starts at 200trillion rather than zero)