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I think the "easily" is the discordant bit. Typical developed country debt/GDP ratio is around 50-100%. So same order of magnitude as the green transition, but
by rich_sasha 3y ago
I think the "easily" is the discordant bit.
Typical developed country debt/GDP ratio is around 50-100%. So same order of magnitude as the green transition, but still, add 100-200% to it and you tripl your debt or so. That's non trivial in a world where increasing the debt by 5% in a year is seen as a lot.