We often see the US debt amount mentioned. But what does it mean? Few ever take the time to consider the perspective.
In this video I discuss debt and how the metric, debt-to-gdp, is a poor barometer of what is taking place.
▶️ 3Speak
Money 101: Debt and Debt-To-GDP Ratio
2 years ago in LeoFinance by taskmaster4450 (85)
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I have always heard this in the news. Hearing about the other side of it is very enlightening. Thank you for sharing your knowledge.
Nice one I really needed to hear this.
The debt to GDP nonsense never made sense to me.
All that matters is collateral to debt.
Just like HBD.