4 ms·
GDP is not how debt is paid back. that number has some meaning in the grand scheme of things, but it’s the rates & Treasury and TAXES that are more meaningful.
by throwoutway 4y ago
GDP is not how debt is paid back. that number has some meaning in the grand scheme of things, but it’s the rates & Treasury and TAXES that are more meaningful.
Eventually the US will need to stop growing by debt, or it will grow its debt to the point that it can only pay the interest not the principal