U.S. Debt at 100% of GDP: What It Means for Savers
There are moments when a number stops feeling abstract.For the United States, one of those numbers is debt equal to 100% of GDP.That threshold gets attention for a reason. It means federal debt held by the public has grown to roughly the size of the nation’s yearly economic output. Treasury says the U.S. debt-to-GDP ratio... [Read More...]