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Why do people continue to use aggregate debt (including domestic bond debt and outstanding liabilities) to present GDP ratio as though it is a meaningful harbin
by nkozyra 11y ago
Why do people continue to use aggregate debt (including domestic bond debt and outstanding liabilities) to present GDP ratio as though it is a meaningful harbinger?
Any non-superficial analysis of what that entails and means should show you this is - while not entirely irrelevant - mostly meaningless as an indicator of economic health.
- irln 11y agoNon-sarcastic question, what are the indicators that you don't find mostly meaningless when it comes to analyzing China?
- repsilat 11y ago> mostly meaningless Well, you have to know at what interest rate the country borrows, and have an idea about the country's deficit and rate of GDP growth to know how sustainable the debt is, I suppose, but it's a pretty important number nevertheless...