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> Yes, and for exactly this reason it's dishonest: It implies that you could, if you wanted, repay the debt in 11 months - which is impossible. It does not imp
by computer 13y ago
> Yes, and for exactly this reason it's dishonest: It implies that you could, if you wanted, repay the debt in 11 months - which is impossible.
It does not imply that. It's simply the mathematical truth of the units. I'm arguing that using percent is factually _false_, with as aim scaring people. I prefer truthful facts with explanation. Feel free to use a different thing than debt/GDP, but don't use something that's equivalent to claiming that 1+1=3.
- chii 13y agowhile i understand the unit, what does 11 months _mean_? When you put debt as a percentage of GDP, it is understood to mean the "size" of the debt, with the implied "size" of 100% being bad (whether this is true or not, i m not sure).