• anachrohack@lemmy.world
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    18 hours ago

    At some point, though, when the government keeps running up deficits to subsidize this, the bill comes due

    • squaresinger@lemmy.world
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      12 hours ago

      Yeah, sure. China has a debt to GDP of 88.6%. That’s not great. Luckily we don’t have that problem in western capitalist countries, right?

      • USA: 121%
      • Canada: 104.7%
      • UK: 101.8%
      • France: 111.6%
      • Japan: 251.2%
      • Italy: 136.9%
      • Belgium: 105%