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> I also think that concepts like debt to GDP ratio are somewhat detached from corporate policies. Corporate policies ultimately decide growth. More growth lea
by kanbankaren 3mo ago
> I also think that concepts like debt to GDP ratio are somewhat detached from corporate policies.
Corporate policies ultimately decide growth. More growth leads to higher profits and higher tax collected by the Government which in turn means they don't have to borrow more.
- Grombobulous 3mo agoCorporate policies can’t make people have babies, decide how much money to spend on public infrastructure, make foreign policy decisions, tell national banks how to lend, etc.