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plebeian /
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2025-01-16 20:12:21

plebeian on Nostr: Another way to put it. Global debt increased by 21% since 2020 but debt/GDP ratio ...

Another way to put it. Global debt increased by 21% since 2020 but debt/GDP ratio dropped 10% which means that the real GDP was raised by approximately 30% with the new debt which kinda sounds super good

Global debt has reached $315 trillion—now 333% of global GDP. That’s more than three times the world’s total economic output.

Let that sink in.
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