However, debt-to-GDP has limitations that are often overlooked. While much attention focuses on the ‘debt’ side of the equation, the ‘GDP’ component can also distort the picture. GDP growth can arise from genuine factors like productivity gains or an expanding labor force, but it can also be driven by large monetized deficits. These deficits can

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However, debt-to-GDP has limitations that are often overlooked. While much attention focuses on the ‘debt’ side of the equation, the ‘GDP’ component can also distort the picture. GDP growth can arise from genuine factors like productivity gains or an expanding labor force, but it can also be driven by large monetized deficits. These deficits can

... See more

However, debt-to-GDP has limitations that are often overlooked. While much attention focuses on the ‘debt’ side of the equation, the ‘GDP’ component can also distort the picture. GDP growth can arise from genuine factors like productivity gains or an expanding labor force, but it can also be driven by large monetized deficits. These deficits can

... See more