America’s Debt-to-GDP Ratio: 100%
Written by Gary North on December 5, 2011
Well, we don’t know for sure. The numbers are rising too fast. But it’s close. If it isn’t 100% today, it will be by Christmas. The debt is raging ahead: $100 billion a month. The GDP increase is far more modest. We can see where this is headed. The old rule was that 100% was […]
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