StackSats on Nostr: Over the past two centuries, 51 out of 52 countries that reached sovereign debt ...
Over the past two centuries, 51 out of 52 countries that reached sovereign debt levels of 130% of GDP ended up "defaulting" [within 0 to 15 years], either through devaluation, inflation, restructuring, or outright nominal default.
US debt to GDP March 2021: 132 %
Published at
2023-05-30 19:46:33Event JSON
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