Ever wonder what’s preventing the market from a massive crash?The answer is DEBT
Real GDP (Green) US Public Debt(yellow).
Look at how aggressively debt has grown from 1970 till today.
Just to bring this a bit closer home. It’s like constantly getting yourself in financial trouble yet the bank keeps giving you more and more credit.
If the government was an
Key data points
Last release
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Observation period
Q3 2024
Next release
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Forecast
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Highest
7.80 % on Jun 30, 1991
Lowest
−0.80 % on Jun 30, 2021