politics @lemmy.world · 1 month ago

US debt exceeds 100 percent of GDP

thehill.com

cross-posted to:
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US debt exceeds 100 percent of GDP

thehill.com

tacoplease@lemmy.world to

politics @lemmy.world · 1 month ago

cross-posted to:
[email protected]

The U.S. national debt crossed 100 percent of gross domestic product (GDP) at the end of March, with signs that it might cross the record of 106 percent of GDP reached immediately after World War I…

Is that the smell of someone being cooked?

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BygoneNeutrino@lemmy.world
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1 month ago
It doesn’t sound so bad. If the average person was a country, buying a house would put their debt at over 1000% of their GDP.

politics @lemmy.world

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