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Author Topic: Government Day-to-Day  (Read 54401 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #240 on: March 11, 2020, 09:49:19 pm »
Quote from: COVID-19 Graham on March 11, 2020, 08:06:56 pm
:D  LOL what??

No it isn't.  The only thing debt-to-GDP measures is the ability to potentially pay back debt, as well as ability to service current debt loan/interest payments.

Yup, it just says if you can keep borrowing at the same rate as the economy is growing, or not. It has nothing to do with paying anything back
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