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It takes $2.52 in new debt to increase $1 of GDP.

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 27 Apr 12 5:16 PM | 40 view(s)
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Submitted by Tyler Durden on 04/27/2012 09:15 -0400

Gross Domestic Product
http://www.zerohedge.com/news/chart-day-change-q1-american-debt-and-gdp

Presented without much commentary, because little is necessary: the only ratio that matters for the US economy,damit Tyler , it's eCONomy, get it right bud lol the change in US public debt ($359.1 billion) and US GDP ($142.4) in the first quarter, hit 2.52x and rising.

It takes $2.52 in new debt to increase $1 of GDP.

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