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Debt and GDP are measured in different units (dollars, and dollars per year) so talking about a "debt-to-GDP ratio of 100%" is misleading because it sounds like
by dmurray 2y ago
Debt and GDP are measured in different units (dollars, and dollars per year) so talking about a "debt-to-GDP ratio of 100%" is misleading because it sounds like there's some kind of threshold there.
In fact a debt-to-GDP of 12 months or 14 months has no more special significance than the debt reaching 50 trillion dollars or your car reaching 100,000 miles.