Testbook.com
A high debt to GDP ratio is undesirable for a nation, as a higher ratio demonstrates an increased risk of default. In a study conducted by the World Bank, a ratio that surpasses 77% for a prolonged period of time may lead to an unfavorable effect on economic growth.
- Higher debt crowds out investment capital goods and thus lowers the output in comparison to what would otherwise have occurred.
- A considerable part of the budget goes towards the payment of interest.
- Allocation of poor ratings by the credit rating agencies.
- The decreased creditworthiness rating allocated by global rating agencies tend to raise the government’s borrowing cost.
So why am I bringing this up now? Have you checked the U.S. National Debt Clock lately? How does 124% strike you for a debt to GDP ratio? Here
Somebody wake Biden up.
Not my fault!!!
FJB
And our Debt per capita average IQ ratio is…
~ $30,000,000,000,000 / (350,000,000 x 100)
= $857.14 per citizen IQ point
Boy are we stupid. (I just made all that shit up.)
All according to plan. And the Libtards are still behind this guy.
No problem, Slowjoe will print some more!!! Or sign an EO outlawing inflation!
It’s not just the out-of-control spending that’s driving this. It’s the collapsing economy that’s not generating enough GDP to offset all that debt.
Time for the space alien invasion yet?
@ anonyrooper:
Hard pass!
Explain, please, how supporting Freedom, Liberty, the Constitution, and America is a threat to America.
You are a true sycophant of tyranny – of oppression – of imbecility – of depravity.
mortem tyrannis
izlamo delenda est …
“We have to spend more money to keep from going bankrupt.” – Joe Biden when he was veep. The guy is a friggin economic wizard.
The swamp goal is to break us, then loot us.
FACE IT
There is only one thing that can be
done to save the country
CANCEL THE NATIONAL DEBT
BY EXECUTIVE DECREE ( FIAT )
Just cancel it
and ignore the creditors
unless they complain
and then gather and execute them
“. You attack us we will end this threat.”
Guns or knives pussy? You call it. You seem to be in hurry to die.
“By whatever means necessary, boy!”
Wow, as a black man I really want to hurt you now. In fact when I run into you during the up coming war, and yes we know who you are, I’m going to take my own sweet time with you, you racists asshole.
Masser? Isn’t that some kind of fag shit? Raymond Burr eating faggot turds.
You are a worthless piece of shit, anonymush.
^^^^ and there you go. What Liberals really think of the black man. They’re still the same Democrat KKK assholes. They need to be wiped off the face of the earth so the rest of us can live in peace. By the way asshole, my wife is white.
Brad is black, so you say, anonymush, that you are the Massa? He has to call you, “Sahib”?
^^^^^
I’m ex SF. I’ll kill everyone on the street. Be sure and be there. Who do you think your fucking with. And oh by the way you racist piece of shit, there’s many more just like me. Meaning we took our oath to heart. Get your affairs in order. I still have friends that can locate you within three feet.
Erik
This is to much fun.
Your — you’re? You still can’t figure that out, sirrah?
99th, Tommy,
I couldn’t resist, please forgive me. LOL
He’s a fucking moron, Brad.
He was talking shit about “Your Nuts!” a couple weeks ago.
Fucks sake.
Brad, What’s to forgive. You’re just being yourself. A great guy who many admire. Don’t blame you for not taking crap from trolls. I just ignore them after awhile. Trolls live in a viscous circle of stupid.
BTW, I had no idea you were black. It’s wonderful- We’re a rare breed of Americans who love our country. The important thing is you’re a patriot and passionate about conservatism.
Thank you for your service, as well. Enjoy your weekend friend.
Please put that in Ebonics and I’ll gladly translate it for them!