Real US debt levels could be a shocking 2,000% of GDP, a Wall Street report suggests

CNBC/Jeff Cox/9-9-2019

Ed Stein graphic of skyscraper of debt reaching in night time sky“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.

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