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Bofferbrauer2 on 13 November 2019
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KungKras said:
CuCabeludo said:

In 2000 US Debt/GDP ratio was 50%, now it's 106%. If the debt had increased on par with the economy in the past 19 years, today the ratio should still be 50%.

I see.

Interesting.

Then the US is in trouble...

Since the US Dollar the the world currency, the US could even go to about 300% debt with impunity. But if the Dollar would ever loose it's status as main world exchange currency, then the US would be in trouble.



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