McDonalds Warns That American Consumers Are Starting To Crack

@MeerkatTerryLibertarianComments2yrs ago

Buried in the article is that deficit is 5% of GDP. The Euro-zone stipulates a cap of 3% of GDP.

Given the total federal debt is around 100% of GDP, this means the total federal debt will double in about 14 years or by 2038 (using rule of 70 for compounding growth).

I'm not sure how current trajectory is sustainable.

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Buried in the article is that deficit is 5% of GDP. The Euro-zone stipulates a cap of 3% of GDP.

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