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And how much public and private debt creation was needed behind these growth numbers?
by hocuspocus 6y ago
And how much public and private debt creation was needed behind these growth numbers?
- curo 6y agoGood question. Private-debt-to-GDP ratio: - Germany (154) - Scandinavia (269-280) - Western Europe (224-266) - US (220) https://tradingeconomics.com/country-list/private-debt-to-gdp https://tradingeconomics.com/country-list/private-debt-to-gd... Gov-debt-to-GDP ratio: - Germany (58) - Scandinavia (~40) - Western Europe (~100) - US (108) https://tradingeconomics.com/country-list/government-debt-to-gdp https://tradingeconomics.com/country-list/government-debt-to...
- ThePhysicist 6y agoGermany is above 80 percent now due to Covid-19. Still better than other countries though, but not great.
- pas 6y agoWhy is it not great?