Debt Skyrocketing vs GDP Growth (Patreon)
Published:
2023-10-03 04:10:28
Imported:
2023-10
Content
This is the kind of chart you see during wars.
Over the past 20 years, US debt has grown at an average annual rate of 6.4%, while the economy has grown at an average annual rate of 2.3%. Now, debt is in overdrive.
We're going parabolic, and things are accelerating at a pace that even I didn't expect.