You can’t use your GDP to pay off debts. Wouldn’t it be better if we used how much % of a goverments budget goes towards servicing debts?
You can’t use your GDP to pay off debts. Wouldn’t it be better if we used how much % of a goverments budget goes towards servicing debts?
The ratio would look different and would also be more relatable to the peasants.
revenue for government is = income for the peasant
GDP = ???
with that said, i wonder what would happen if workers found out what their labour actually brings lol Each peasant does have a GDP value