Author Topic: Economics Culture  (Read 2388 times)

0 Members and 0 Guests are viewing this topic.

Offline the_squid

  • Full Member
  • ***
  • Posts: 4161
Re: Economics Culture
« Reply #135 on: March 27, 2020, 03:04:18 pm »
Something for debt to GDP'ers to think about. A worst case 25% drop in GDP (1.7T to 1.28T) combined with a 16% increase in debt (712B to 824B) will increase the debt to GDP ratio to 64% in a single year. Plus added borrowing as the economy tries to recover.

No one claimed that COVID is good for the economy or that there won’t be real hardships because of it.