B of A: US debt to GDP is at an all-time high, ranking in the bottom 5 with Emerging Europe, and shifting closer to emerging economies.

B of A: “.. US debt to GDP is at an all-time high, and the US now ranks in the bottom 5 (vs. Top 5 in 2000), in line with Emerging Europe. Worldwide Governance Indicators data show the US shifting closer to emerging economies on other measures like political stability ..” pic.twitter.com/AyEAwXRdqb

— Carl Quintanilla (@carlquintanilla) August 9, 2023