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RE: Article on the potential of a major weakening of the dollar

Posted by tweaker456 on June 9, 2021 at 11:54:33:
Once again the evidence points to you being incorrect and overly simplistic on this, jurb. What matters most, IMO and other's is the cost of the debt service in relation to GDP. About 1.6% of GDP in 2000 and .5% in 2020. The sky is not falling at this time, based on debt anyhow. As it stands now the debt does not have to be paid off, just the interest on it. This is way in manageable territory. Once again, our debt service is less than 1/3 of what it cost in 2020 in relation to GDP.