Inmate Central

RE: There's this big thing

24.12.41.4

fredtr

In Reply to: RE: There's this big thing posted by E-Stat on November 20, 2023 at 10:04:23

What matters is the debt to GDP ratio, and what has been the driving factors, mainly productivity. Too bad we can't somehow find more workers.

https://www.macrotrends.net/1381/debt-to-gdp-ratio-historica (Open in New Window)

Follow Ups:

Agree - E-Stat 12:29:20 11/20/23 (3)
130% is not a good position.
- RE: Agree - fredtr 13:40:04 11/20/23 (1)
  Yes, but it could be worse, for example Japan current debt/GDP is 200% and when you look at the USA chart, the driver, GDP is apparent. Which is where we should be focused, and not on individuals shouldering the burden. The keys is, as it has been, on growing the GDP, which lowers the ratio.
  - As they say in business - E-Stat 15:53:47 11/20/23 (0)
    One dollar in reduced expenses is worth ten dollars in additional revenue. Both need to be considered.
    
    It would be nice if the debt ratio tracked the GDP rate but it has leapfrogged almost 20% in the recent past.
- RE: Agree - regmac 13:39:05 11/20/23 (0)
  And that's only part of it. The Fed gave us "free money" for 20 years. But the honeymoon with ultra-low interest rates is over. Watch the debt burden accelerate and spiral even more out of control as interest rates rise. Don't cry for me Argentina. Cry for the grandkids.

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