LE MIRAGE US real GDP growth, 2006-2025: 2.0% a year. Federal debt held by the public: 10.0% a year. Debt/GDP: 61% -> 121%. Stabilising the ratio on growth alone needs ca. 4.1% real growth. Permanently. The US hasn't managed that since the 1960s. You cannot grow out of this one.
Thorsten FroehlichShare
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