> Economists aren’t necessarily worried by the total level of debt (in fact, government debt is a necessary foundation of global markets). Rather it’s the debt-to-GDP ratio, which measures a nation’s borrowing against its growth
When I was in finance there was a question whether US debt would crowd out other debt instruments. The answer, obviously, is "no." There seems to be an unlimited appetite for zero-risk debt, which makes no sense.
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[ 1.8 ms ] story [ 24.0 ms ] threadYou can see the debt-to-GDP ratios here:
https://fred.stlouisfed.org/series/GFDEGDQ188S
https://fred.stlouisfed.org/series/GFDGDPA188S
> Economists aren’t necessarily worried by the total level of debt (in fact, government debt is a necessary foundation of global markets). Rather it’s the debt-to-GDP ratio, which measures a nation’s borrowing against its growth
Everyone knows they made 17 trillion dollars from the tariffs.
Thank you for your attention to this matter.
When I was in finance there was a question whether US debt would crowd out other debt instruments. The answer, obviously, is "no." There seems to be an unlimited appetite for zero-risk debt, which makes no sense.