Disappointment

November 3, 2004 - Posted by André Restivo
Was it really that hard to understand this simple chart?

Via Russel Beattie Notebook

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1 Comment

  1. Sérgio Carvalho says:

    As important as the sheer ammount, is the relative volume against GDP. The current debt is 8.1*10^12 USD, or 67.5% of GDP. It‘s growing at the rate of 477 billion USD per year, or at a rate of 5.6% of GDP.

    For terms of comparison, in a comparable point in the Vietnam war (100 000 troops on the ground), the debt was 46.9% of GDP, and decreasing.

    More here: http://www.businessweek.com/bwdaily/dnflash/jul2004/nf20040729_9971_db045.htm

    ... on July November 8th, 2004

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