Submitted by jeffsmith202 t3_xwqtde in dataisbeautiful
Sam_Fear t1_ir85q4v wrote
Note the real data ends in 2019. We are currently around 125-130%.
ProfessorrFate t1_ir87fgw wrote
Correct. And lest anyone think it can’t go higher, Japan has a debt-gdp ratio of over 230% and they can manage their payments without problem. And lest anyone think their high debt leads to high interest rates, the BoJ benchmark rate is currently -.1% (yes, a negative interest rate — you currently pay Japan in order to carry their paper)
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