The 'interest rate' on servicing the debt is important as it will make if harder/easier to reduce the ratio or just pay the interest.
Looking at a UK debt to GBP chart, we were paying off a lot of WW1 and WW2 debt, 250% ratio in 1946!, until the 1970's, and debt to GDP stayed between 20 and 50% until 2009 and has been mostly going up since.
Tony Wells
npub1k8…vft8x
2025-05-01 12:31:45 UTC
in reply to nevent1q…x7rp
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npub1k8ape2ml2men9vgwvt50eqwz37pl8j8texu687uyhh32tx4sgrxscvft8xSeen on
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2025-05-01 12:31:45 UTCEvent JSON
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