at 5% yields, we can say its out of control when interest payments hit 10% of GDP or when debt is 200% of GDP. Which is a decade away atleast.
However, if yields rise then we will hit it sooner.
Consider Japan, It's debt to GDP is 220%. The inflation rose to 2.6%. If anything…
— Grufity.com (@grufityreports) December 5, 2023
Watch National Debt Clock for 10 seconds.
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