Real US debt levels could be a shocking 2,000% of GDP, a Wall Street report suggests
“Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions against reading too much into the level.”
USAGOLD note: The author of the report says that some paint a dire picture about debt. The situation is “dire,” he says, but the numbers “don’t prove we are doomed.” We post it. You decide.