Presented without much commentary, because little is necessary: the only ratio that matters for the US economy, the change in US public debt ($359.1 billion) and US GDP ($142.4) in the first quarter, hit 2.52x and rising.
The numbers are all the more dire considering consumption makes up roughly 70% of GDP.
Saturday, April 28, 2012
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Q1 2012 Debt To GDP
2012-04-28T21:21:00-04:00
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Economy|