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US Debt-to-GDP Ratio
- dullcrisp 1mo agoLooking at the list of counties I’m thinking maybe some of these other counties need to pump their debt to GDP ratio up to be more like the US or China.
- cr125rider 1mo agoThere we go. “Rookie numbers” strategy
- fedpost 1mo agoAI slop That graph is deranged and the thresholds are completely made up. Yes, high debt bad, but don't do the confident bullshit thing and muddy the water please.
- coliveira 1mo agoHigh inflation will fix this: it balloons the USD denominated GDP, so very soon this will be less than 100%. At the same time, the US will export inflation to other countries, since products are denominated in inflated dollars, and pressure them to live with high inflation as well, ultimately forcing the value of other currencies down with respect to the dollar.
- xnx 1mo agoInflation is the new taxation.
- deleted 1mo ago[deleted]
- GlibMonkeyDeath 1mo agoIt's the ultimate flat tax!
- AnodicElegy 1mo agoNet debt to GDP is arguably a more important metric. Look at Norway, for example. Presenting it as an indebted nation is hardly the whole picture.
- tedggh 1mo agoMy understanding is some of it about 20% is intragovernmental,like borrowed from SS. Not that it doesn’t matter, but the 100% left is what sets the interest rates. The other 20% will start moving into the 100% public debt at some point. So it can get worse even if we stop borrowing.
- tygon 1mo agoWhile it is an attractive way to present the data, the thresholds above 60% are not explained well. The line "The Maastricht Treaty set 60% as a target for EU members. Ratios above 90-100% are typically considered concerning" is all that is given.
- tim333 1mo agoIt's kind of a lot but you can go a fair bit higher - the UK was over 200% in WW2 https://www.economicshelp.org/wp-content/uploads/2022/05/uk-national-debt-since-1910-lines.png https://www.economicshelp.org/wp-content/uploads/2022/05/uk-...
- timbit42 1mo agoJapan's is over 200% now.
- burnt-resistor 1mo agoHistorically-important recession signals, which may be different today in a different economic environment, like not-QE QE and widening inequality distribution: https://recessionsignals.com https://recessionsignals.com