"Comparing 2016 with 2000, and using constant 2016 values throughout, American GDP increased by $4.6tn. But, and again at constant values, aggregate debt grew by $21trn over the same period. This means that each dollar of recorded growth was accompanied by $4.60 of new debt."
Is this like growing backward? Would not growing work better?
https://surplusenergyeconomics.wordpress.com/2017/09/05/104-why-mr-trump-cant-raise-american-prosperity/
Tuesday, September 26, 2017
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