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by Retric
3416 days ago
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Debt and GDP is only loosely related. Nations only need to service their debt not pay it down in some short time period. Thus, 14.3 trillion in (debt) * (current interest rate - inflation) or around 14.3 trillion * (2.423% - 2.20%) = 28.6 billion per year or ~1/500 GDP aka peanuts. |
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