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re: Global debt at worst levels since the Napoleonic Wars
Posted on 5/1/24 at 1:28 pm to DesScorp
Posted on 5/1/24 at 1:28 pm to DesScorp
In 2022 the gross national income...income....was $26 trillion.
The nations debt was $31 Trillion.
That would be akin to earning $100k a year and the only debt you had would be the $116k you owe on your home. Most people would consider anyone in that little debt compared to income in pretty good shape. They'd be in FAR better shape than the average American.....
The nations debt was $31 Trillion.
That would be akin to earning $100k a year and the only debt you had would be the $116k you owe on your home. Most people would consider anyone in that little debt compared to income in pretty good shape. They'd be in FAR better shape than the average American.....
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