Sats Stacker on Nostr: Thanks. I believe the US debt/gdp ratio is currently around 125%. Historically ...
Thanks. I believe the US debt/gdp ratio is currently around 125%. Historically countries have all defaulted when they exceed 135%. The only exception out of 50 countries, who reached this level, is Japan, who somehow managed to keep things going. The others went into hyperinflation or needed heavy intervention. Like Greece who got heavy support from the EU.
Published at
2024-09-25 06:28:19Event JSON
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