Quote from: suchmoon on May 15, 2020, 01:53:49 PM

The top blue line is Italy, not Germany. Germany's debt-to-GDP ratio is ~60%. US is currently around 105% and rising rapidly.

Thanks for error checking.

While the US is above 100%. It would appear the federal reserve is bailing out europe's economy and china as well under ongoing TARP. A good portion of that rising american debt may be backed by loans (and collateral) to foreign nations, which could inflate the statistic. Post crisis the united states could end up owning significant portions of europe and china.

Prior to corona, US debt to GDP was ranked around 80% which would appear to put the united states in a far better position than most would expect. Given how thoroughly that "$24 trillion in debt" statistic was touted by the media.