RE: Debt to GDP ratio10 Apr 2019 14:32
This is the Bush/Obama/Trump legacy. A lot of us growth comes from this borrowing, if that stall as it will after 2020 when the us has to live within its means the global economy will slow down. On the other hand growth is much higher in the us over the last 10 years so they can grow out if it whereas EU growth had been slow last 10 years. All these western economies have too much debt due to unsustainable welfare and health programs.